Skip to content Skip to footer
This Des Moines venture fund is investing in early-stage healthcare companies
For the past two years, UnityPoint Health Ventures—the venture capital arm of UnityPoint Health—has been investing in early-stage health care companies. Founded in May 2019 with an initial $100 million fund, the Des Moines-based venture firm makes direct investments in healthcare companies and helps them scale and deploy their technologies across UnityPoint Health hospitals and clinics. To…
UnityPoint Health Ventures invests in St. Louis startup Epharmix
UnityPoint Health Ventures, the venture arm of UnityPoint Health, has invested $1 million in St. Louis-based Epharmix. Epharmix, a messaging and engagement platform for care managers, is the fourth company to be awarded by the venture fund. UnityPoint Health Ventures has also invested in Pathware, RxRevu and Coralville-based VIDA Diagnostics. Epharmix’s evidence-based check-ins use…
Vida Diagnostics receives $1 million investment from UnityPoint Health Ventures
Coralville-based VIDA Diagnostics today announced a $1 million investment and strategic partnership from UnityPoint Health Ventures. UnityPoint Health and VIDA will partner to develop and commercialize VIDA's AI-powered lung analysis solutions, LungPrint, a fully automated AI-powered analysis of inspiratory chest CT scans. "VIDA's partnership with UnityPoint Health represents a shared vision for improving care to…
UnityPoint Health launches $100 million venture fund
West Des Moines-based health care organization UnityPoint Health announced yesterday the launch of a $100 million venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans. The new fund, titled the UnityPoint Health Ventures Innovation Fund, will manage and direct the company's financial and strategic investment opportunities. The fund will invest in…
UnityPoint Health Archives | Clay & Milk
A central Iowa ag-tech accelerator has secured more backers and finally has a name. The Greater Des Moines Partnership first announced the accelerator last year, naming four initial investors. On Monday, the Partnership said the program will be called the "Iowa AgriTech Accelerator" and named three new investors. The new investors include Grinnell Mutual, Kent Corp. and Sukup Manufacturing, all Iowa companies. They join investors Deere & Co., Peoples Co., Farmers Mutual Hail Insurance Co. and DuPont Pioneer. Each investor has agreed to put up $100,000 for the first year of the accelerator. Startups entering the program will receive $40,000 in seed funding in exchange for 6 percent equity. Tej Dhawan, an angel investor and local startup mentor, is serving as interim director until the AgriTech Accelerator names a permanent leader. Dhawan held a similar role with the GIA before Brian Hemesath was named as managing director. As interim director, Dhawan said his main job includes hiring the accelerator's executive director, establishing a business structure and initial recruiting for the first cohort. The accelerator will place few filters, such as location and product, on the applicant pool, Dhawan said. "When you’re seeking innovation, innovation can come from every corner of the world so why restrict ourselves," he said. One area the the AgriTech Accelerator won't recruit from is biotech. For its first cohort, the AgriTech Accelerator will work out of the GIA's space in Des Moines' East Village, Dhawan said. A future, permanent home is still to be decided. The accelerator's program will host startups from mid-July through mid-October, ending with an event connected to the annual World Food Prize. The GIA, which the AgriTech Accelerator is based on, also ends with presentations at an industry event. The accelerator has also started lining up a mentor pool. The Iowa Corn Growers Association, Iowa Soybean Association and the Iowa Pork Producers Association have agreed to provide mentors, as has Iowa State University. While the AgriTech Accelerator is loosely based off of the GIA, it will differ in its business structure, Dhawan said. The GIA runs through a for-profit model for both operations and its investment fund. The AgriTech Accelerator will have a nonprofit model for its operations and a for-profit setup for its fund. Dhawan said the nonprofit model is being used so the accelerator can better work with other nonprofit partners, such as trade associations. "These are all organizations that are nonprofits and can be amazing stakeholders without ever having to be investors in the accelerator," he said. "It becomes easier to work with trade associations in their nonprofit role when we are also a nonprofit." When it's up and running, the AgriTech Accelerator would be one of a handful of ag-focused startup development programs in Iowa. Others include the Ag Startup Engine out of Iowa State University and the Rural Ventures Alliance from Iowa MicroLoan. Matthew Patane is the managing editor and co-founder of Clay & Milk. Send him an email at
This Pop-up Is Included in the Theme
Best Choice for Creatives
Purchase Now