Yzr Capital launches 100 million euro fund

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

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

So far, the European Investment Fund, Bertelsmann Investments and Beiersdorf AG are among those investing. The money is to flow exclusively into digital health 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.

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