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Medical University of South Carolina launches two funds totalling $30 million

Thierry Heles
The MUSC Children's Health R. Keith Summey Medical Pavilion opens to offer pediatric services in a location that offers convenient and enhanced access to the children and families of South Carolina.

Photo: Ryan Johnson via Flickr

The Medical University of South Carolina (MUSC) has launched two new funds – the 1824 Health Ventures Fund I and the South Carolina Health Innovation Fund – totalling $30 million.

The 1824 Health Ventures Fund I is the larger of the two vehicles, having secured $20 million from undisclosed limited partners who “support the broader MUSC enterprise”.

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Thierry Heles is the founder and editor of The Next Leap. He has been writing about innovation ecosystems for over 12 years. His research has featured in the UK Spinout Review and University-Investor Review, the Financial Times, and the Wall Street Journal, among others.

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