LionBird launches an $85 million fund to support US-focused healthcare startups in the Middle East

Oluwajuwonlo Afolabi -

LionBird, an Israel-based venture capital firm has partnered with Al Waha Fund of Funds to launch an $85 million investment fund to back US-focused healthcare startups in the Middle East and North Africa (MENA) region.

  • LionBird is a US-targeted digital healthcare investment firm providing seed-stage capital for startups.
  • Al Waha Fund of Funds was launched in 2018, with over $80 million deployed to 11 venture capital funds to date.
  • The partnership will create support for startups in Bahrain and the Gulf Cooperation Council to navigate the US healthcare market.