Bain Capital Ventures, a wing of the Boston private equity firm cofounded by Mitt Romney, has closed a new $600 million fund to invest in business, Internet and healthcare companies.
This is Bain Capital Ventures’ fifth fund and its largest to date. Generally, the firm has put about half of its $2 billion-plus capital into early stage investments and half into growth-stage companies.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Bain has invested in MinuteClinic, which was acquired by CVS in 2006, and numerous other healthcare companies including Concord, Ohio-based Ricerca Biosciences LLC, Precision Therapeutics in Pittsburgh and Minneapolis-based health IT company ABILITY Network.
Earlier this year, Bain Capital acquired Medtronic’s emergency medical response business, Physio-Control.
(Photo from Flickr user zzzack)