Philips has strong relationships with nearly every hospital in the world. That kind of market penetration, and that collective knowledge about where healthcare is going, are invaluable to young companies.”
Todd Cozzens
Managing partner of Transformation Capital and a Philips Ventures LP investor
Our team’s focus is on relationships with early-stage innovative companies across the world in our thematic areas of interest.
From our experience, successful engagements often start with companies that meet the following criteria:
For business-sponsored collaborations and investments:
For the Philips Health Technology Venture Fund:
There are different ways to create a relationship with Philips, depending on your solution and the requirement you have for growth. One of these ways is through our investment vehicles, whether direct or business sponsored, and another way is through a collaboration.
This collaboration could be based on a commercial contract with Philips or our customers, the sharing or licensing of IP, co-development, joint venturing and more. It is the responsibility of Philips Ventures to investigate these options and work with both you and Philips to create these opportunities for engagement.
In our due diligence, we always validate if there is a fit both with the innovation needs of our customers as well as the areas in which Philips has the ambition to further build a presence.
This helps us to validate the opportunity to bring commercial opportunities to our businesses over the course of our investment period. Further, we look at the stand-alone value creation potential of the start-up, similar to what an institutional investor would do.
Philips Ventures believes strongly in being an active champion of the start-ups that we invest in and/or collaborate with.
Our investment leads work with your business to help you grow and scale, and provide guidance on business models, technical and commercial implementation, financing, team build and leadership and growth methodologies.
Our innovation leads orchestrate collaborations between your business and the various business units within Philips and act as the intermediary between the business/market and start-up, helping you navigate the organization.
