Blue Hour Ventures launches with Fund I spin out
Blue Hour Ventures, an early stage venture capital firm investing in new healthcare delivery models and the technologies that enable them, has announced the firm's launch.
Blue Hour Ventures was created by spinning out Fund I from its previous management company and general partner. North Sky Capital was instrumental in the spinout by participating in a secondary transaction that closed on June 30, 2023.
Tom Jorgensen, Managing Director, North Sky Capital: "We are pleased to have supported the spinout of Blue Hour Ventures through this transaction as we believe the Fund's portfolio aligns with our healthy living and aging theme and further supports the UN Sustainable Development Goal #3; good health and well-being."
Blue Hour Ventures' Fund I launched in 2017 and has 12 active portfolio investments.
Kevin Standefer, Managing Partner, Blue Hour Ventures: "My partner, Clint Myers, and I are very excited to welcome North Sky Capital as a limited partner in Fund I. We look forward to continuing our support of the fantastic collection of companies we have invested in since 2017. We are also excited about growing Blue Hour Ventures going forward and continuing to invest in innovative healthcare companies."
www.bluehour.ventures
www.northskycapital.com
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