Yzr Capital launches 100 million euro fund

The Teleclinic founders are among those involved in the fund. It is aimed at young healthtechs.

The new Munich-based venture capitalist Yzr (pronounced "Waiser") is launching a new fund aimed at young healthtechs. The volume is to be 100 million euros. So far, the fund has been able to raise 60 million euros, according to the Handelsblatt reports. Reinhard Meier, co-founder of the healthcare start-up Teleclinic, is one of the people responsible for the fund. Venture capital expert Markus Feuerecker is also part of Yzr.

Investors to date include the European Investment Fund, Bertelsmann Investments and Beiersdorf AG. The money will flow exclusively into digital healthcare solutions, i.e. digital medical devices, virtual services or software products. "As a doctor and investor, it is important to me to give ideas a chance that can sustainably improve people's health," Reinhard Meier told Handelsblatt.

The doctor founded Teleclinic in 2015, which was sold to the pharmacy group Zur Rose in 2020. So far, Yzr has invested in six companies. Three of these are from Germany and one each from the UK, Poland and Switzerland.