Former Google CEO raises $230 million to focus on investing in healthcare

The creation of Google Ventures and Bill Maris earlier this year in the outgoing now raising a new fund of just over $ 230 million, the fund will focus on healthcare investments.

Bill Maris declined to comment, but according to people familiar with the matter, he has formed an initial group called Section 32 for a limited partner of a venture fund. Bill Maris manages the fund himself without other prominent partners. Most of his business is in San Diego, not Silicon Valley. A common regulatory filing on funds may be issued for initial investment this week.

Bill Maris is one of several executives who left Alphabet. As an early online entrepreneur, he founded the venture capital fund in 2009. By 2015, the company managed $2.4 billion and was active in Silicon Valley. Bill Maris has always had a lot of interest in healthcare.

Former Google CEO raises $230 million to focus on investing in healthcare

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