New fund launched to invest in medtech and digital technologies

Charity and think tank Future Care Capital and RYSE Asset Management have launched the RYSE FCC Fund, which will invest in digital health and care technologies.

It’s hoped that people will benefit from improved health and care outcomes brought about by innovation, as a result of early-stage digital health and medtech companies receiving investment from the fund.

The RSYE FCC Fund is for early-stage companies whose innovations can solve the challenges facing the NHS and other health and care delivery systems.

Uniquely, the cornerstone investor of the Fund will be charity and think tank Future Care Capital (FCC) – whose mission is to improve health and care now and in the future.

Andrew Whelan, chair of trustees at Future Care Capital, said: "As an independent charity, Future Care Capital is constantly exploring new ways to create social impact. We are delighted to announce our partnership with RYSE which allows us to 'put our money where our mouth is' and support investments aligned with our charitable mission of improving health and care. 

“By investing in innovation and technology, the new RYSE FCC Fund will deliver tangible benefits for our beneficiaries - all those in receipt of care. We are excited to partner with RYSE who share our commitment to improving care and have a strong track record as an investment manager.”

Shabir Chowdhary, managing partner at RYSE Asset Management, added: “We are delighted to be working with such an innovative and established charity, FCC, that is active within health and social care research and policy. The management team at FCC has shown great vision in backing pioneering companies at a time in which we believe health and social care provision will need to evolve. We are keen to engage with and obtain the support of other organisations that share in the RYSE FCC collective vision.”

The investment manager, RYSE Asset Management, has a dedicated team in the field of digital health and medtech. In partnership with DigitalHealth.London and MedCity, the firm has built a health and social care innovation ecosystem in conjunction with public healthcare supporting organisations and providers.