Jumpstart Nova Launches as First Venture Fund to Invest Exclusively in Black Founded and Led Health Care Companies in The U.S.
By Meharry Medical College Jumpstart Health Investors, alongside leading limited partners, announce the launch of Jumpstart Nova, the first venture fund in America to invest exclusively in Black-founded and led companies at the forefront of health care innovation. Oversubscribing the initial $30 million goal, the $55 million fund will invest exclusively in Black founder-led health care companies across health IT, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness. Backed with the credibility of health care industry leaders, Jumpstart Nova investors and strategic health care partners include: Eli Lilly and Company, HCA Healthcare, Cardinal