Victory Square Technologies has created a new venture arm.
Called Victory Square Health, the arm will be dedicated to companies focused on the development of solutions in personalized health technologies, according to the Vancouver-based company.
“Capital, business development, clinical evaluations, medical experts, research, regulatory support and commercialization advisory are all elements critical to success in the health sector, but sometimes they’re challenging for companies to access in a timely fashion, especially in the fast-moving space of technology,” said Shafin Diamond Tejani, Chief Executive Officer of Victory Square.
“There will be no such barriers to innovation at Victory Square Health and among our partner health technology companies in the weeks, months and years to come.”
Victory Square Health will possess an initial focus on the management and prevention of diabetes, a condition that affects 125 million people in North America alone, according to the Centers for Disease Control and Prevention.
“It’s a dynamic space in which to operate and we are optimistic about supporting companies that can do more than ever before,” added Tejani. “Personalized Health is the future of medicine and the team and partnerships Victory Square Health has established will allow us to be at the forefront of the rapidly growing health tech industry.”
Victory Square recently helped fund a summer camp for girls learning to code in the Vancouver area.