General Catalyst
The General Catalyst Institute, launched in the U.S. in September, is expanding into India and inviting policymakers and entrepreneurs in the region to collaborate.
HATCo will spend a total of $550 million in capital funding to invest in technologies and innovation.
The funding includes $4.5 billion for the firm's core VC funds, $1.5 billion for its Creation strategy and $2 billion for separately managed accounts.
The General Catalyst Institute will work with governments worldwide to back technologies that shape global resilience and public policy.
Holly Maloney, managing director at General Catalyst, discusses the shift in investment strategies post-pandemic and offers guidance for founders seeking funding.
The company, which tailors cybersecurity offerings to health systems and providers, also appointed its first chief executive officer, Geyer Jones.
The LLM startup released its first product, a genAI-enabled staffing marketplace solution, for phase three safety testing and will use the funds to speed up further product development.
The VC firm's business venture, HATCo, announced it signed a letter of intent to purchase the nonprofit healthcare system and shift its focus to value-based care.
Holly Maloney, managing director at General Catalyst, discusses where AI is making waves in healthcare and how digital health funding will progress in 2024.
The company's product, Distill, uses machine learning algorithms and LLMs to perform administrative, clinical and research tasks that require chart review.