We invest in early-stage, niche HealthTech businesses and help them grow.

We bring a deep understanding of what it takes to build and operate successful HealthTech businesses. Leveraging experience from our first fund, we provide initial capital and growth expertise to help HealthTech entrepreneurs build defensible leaders in profitable niches.

Deep Market Insight

Across our first fund, we reviewed ~3,000 companies over three years and completed 10+ investments.

Execution Advantage

We unite healthcare, entrepreneurial, and investment expertise - uniquely equipped to deliver on our strategy.

Long-term Foundations

We back HealthTech businesses built for resilience, credibility, and sustainable profitability from the outset.

Growth
Platform

We provide software stack and hands-on support across market access, hiring, certifications, grants, and more.

Our STRATEGY
01

We partner with early-stage HealthTech companies based on a clear set of investment criteria.

Revenue Ready

Already generating initial revenues, or advancing toward required certifications (if applicable) and market access in the short term.

Profitability First

Ability to reach break-even within 2-3 years after our investment and grow organically without reliance on additional funding rounds.

Niche Markets

Potential to become a #1 or #2 player in a defensible niche and generate a minimum of high-million-euro revenues within a medium-term horizon.

Deep Domain Expertise

Strong clinical, medical, or technical expertise, supported by a deep understanding of the target segment or care pathway.

Central & Eastern Europe

Operating in Central & Eastern Europe (including the DACH region), with a strategy to remain operationally anchored in the region.

Preventive care. Diagnostics.

Remote Care. Digital Therapeutics.

Portfolio
02

Showcasing our thriving portfolio companies and their inspiring success stories of growth, innovation, and market leadership

"Working with Innovest was a game-changer for our startup. Their strategic guidance, financial support, and invaluable network connections propelled our growth and helped us secure subsequent funding rounds."
"The team at Innovest not only believed in our vision but also provided the hands-on support we needed to scale our business. Their expertise and commitment were instrumental in our success."
"We are grateful to Innovest for their unwavering support and belief in our disruptive business model. Their strategic advice and industry connections opened doors that otherwise would have remained closed."
"Partnering with Innovest was a transformative experience. Their team's deep industry knowledge and mentorship helped us navigate challenges, refine our strategies, and achieve remarkable growth milestones."
"The trust and confidence that Innovest placed in our startup were truly empowering. Their investment not only provided the financial resources we needed but also gave us access to their extensive network of mentors and industry experts."
"We owe our success to the incredible support and guidance we received from Innovest. Their hands-on approach, market insights, and long-term partnership mindset have been instrumental in our growth journey."
OUR TEAM
02

Meet the team - a unique convergence of health, entrepreneurial, and capital markets experience.

General Partner

Serial entrepreneur since 2005, co-founder of six companies. Active investor in HealthTech and beyond since 2023.

Prof. Shafi Ahmed

Senior Partner

Award-winning surgeon, professor, healthcare futurist, and entrepreneur. Nobel Prize nominee. 350+ keynotes worldwide.

Claudia von Hammerstein

Advisory Board

Partner at McKinsey & Company. Director at McKinsey Health Institute. Deep expertise in digital health, life sciences, and healthcare.

Martin Hudecek

Advisory Board

Investor, Fund of Funds executive, and family enterprise advisor. Specialist in ownership, governance, and succession.

Tomas Sebek

Senior Advisor

GI surgeon, digital health pioneer, and humanitarian. Builder of virtual care platforms across Central Europe. Healthspan advocate.

Gabriela Gandel

Senior Advisor

Former CEO & Board Director at Impact Hub Global. Management consultant specialized in organizational change and growth.

Petr Vitek

Advisory Board

Entrepreneur, investor, and former strategy consultant. Co-founder of Impact Hub Czechia and Tilia Impact Ventures.

Jan Davidek

Investment Committee

Serial entrepreneur with three exits. Partner at Purple Ventures, investing in early-stage technology businesses.

Beat Seeliger

Investment Committee

Co-founder of Kickstart Innovation (500+ program alumni, €3B+ raised). Co-founder of a 60+ person software house.

Daren Wilson

Senior Advisor

Healthcare venture builder. Former Senior Executive at Merck, Roche, and Novartis. Deep expertise in organizational development.

Rado Cuha

Associate

LSE alumnus with a background in corporate finance. Investment professional with a passion for innovation and impact.

John Anderson

Seasoned venture capitalist with expertise in identifying high-potential startups and providing strategic guidance.

Sarah Thompson

Meticulous investment analyst specialising in market research, financial modeling, and due diligence.

Michael Ramirez

Tech-savvy expert with a deep understanding of emerging trends and disruptive technologies.

Emily Roberts

Efficient operations manager driving process optimisation and scalability for portfolio companies.

Person
David Chen

Strategic consultant offering valuable insights to navigate complex market dynamics.

Person
Olivia Johnson

Marketing maven amplifying brand presence and attracting investors for portfolio companies.

Mark Roberts

Financial expert managing investor relations and securing funding for portfolio companies.

Sophia Lee

Skilled in expanding networks and fostering partnerships for growth opportunities.

John Anderson

Seasoned venture capitalist with expertise in identifying high-potential startups and providing strategic guidance.

Sarah Thompson

Meticulous investment analyst specialising in market research, financial modeling, and due diligence.

Michael Ramirez

Tech-savvy expert with a deep understanding of emerging trends and disruptive technologies.

Emily Roberts

Efficient operations manager driving process optimisation and scalability for portfolio companies.

Person
David Chen

Strategic consultant offering valuable insights to navigate complex market dynamics.

Person
Olivia Johnson

Marketing maven amplifying brand presence and attracting investors for portfolio companies.

Mark Roberts

Financial expert managing investor relations and securing funding for portfolio companies.

Sophia Lee

Skilled in expanding networks and fostering partnerships for growth opportunities.

John Anderson

Seasoned venture capitalist with expertise in identifying high-potential startups and providing strategic guidance.

Sarah Thompson

Meticulous investment analyst specialising in market research, financial modeling, and due diligence.

Michael Ramirez

Tech-savvy expert with a deep understanding of emerging trends and disruptive technologies.

Person
David Chen

Strategic consultant offering valuable insights to navigate complex market dynamics.

Person
Olivia Johnson

Marketing maven amplifying brand presence and attracting investors for portfolio companies.

Mark Roberts

Financial expert managing investor relations and securing funding for portfolio companies.

Sophia Lee

Skilled in expanding networks and fostering partnerships for growth opportunities.

OUR THESIS
03

Not chasing unicorns.

AI and GenAI tools are fundamentally changing what it takes to build a company. By dramatically reducing the cost of experimentation, development, and growth, they are opening doors to opportunities that once demanded substantial upfront capital.

A new generation of entrepreneurs is emerging
- building profitable, technology-enabled businesses in areas that were previously economically unreachable.

During our first fund, we met hundreds of such entrepreneurs pursuing opportunities in healthcare - yet struggling to secure funding. The problem wasn't the entrepreneurs. It was that healthcare's realities rarely deliver the exponential growth venture capital demands.

That insight became the cornerstone of our second fund - PT Capital. We designed a strategy that allows us to back bold teams in niche, highly attractive healthcare markets - companies other investors can't support, not for lack of quality, but because their unicorn-chasing models don't allow it.