Bigger bites, more digital health for HealthQuest's new $440M fund

With a new $440 million venture fund nearly double the size of its predecessor, HealthQuest Capital plans to take bigger stakes in its portfolio companies and grow its footprint in digital health.

While the Bay Area-based firm typically splits its investments among growth and commercial companies in medtech, diagnostics, innovative services and digital health, HealthQuest’s Garheng Kong told BioCentury that the firm is likely to increase the allocation for digital health and decrease it for diagnostics...