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VC firm NGT raises USD92m for HealthCare Fund II

NGT, an Israeli VC firm focused on investing in the health technology sector, has raised USD92 million for the NGT HealthCare II Impact Fund, according to a report by CTech.

The fund will target investments around 25 early-stage startups and 16 pre-incubator, academic projects in biotechnology, bio-convergence, and medical devices. It will also place an emphasis on backing entrepreneurs from the Arab community.

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