News & Insights

Discover the latest stories from Impact Ventures by J&J Foundation and our investment portfolio.

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News & Insights

The Power of Partnership, Perspective and Planning

Lessons from LIFT: Accelerating Equitable Health Innovation 2024

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October 2024 Newsletter

October 2024 Newsletter

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Supporting women-led healthcare startups in Africa

Impact Ventures has joined Villgro Africa to address the gender disparity in funding and support for women-led healthcare start-ups in Africa by launching a business incubation program to support women-led healthcare startups.

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Meet the winners of the 2024 MIT Solve Health Innovation Award

This year’s award went to six teams who participated in the Global Health Equity Challenge which asked: How can we use technology to make good health and access to quality care more equitable for all?

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Paulo Fabre

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Johnson & Johnson Foundation funds accelerator to support health equity innovators in Latin America

Now taking applications, a new accelerator funded by Johnson & Johnson Foundation and delivered by Village Capital will support 10 healthcare start-ups operating in Argentina, Brazil, Colombia and Mexico that are tackling healthcare challenges in Latin America. Eligible entrepreneurs can apply until December 6, 2024.

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MIT Solve awards over $1 million in funding to 30 tech-based innovators addressing global challenges

- Press Release -

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Africa’s leading Venture Capital firm Founders Factory Africa rebrands to 54 Collective (PRESS RELEASE)

54 Collective establishes a new era of venture capital in Africa, offering up to $500,000 in equity and non-dilutive capital and value-add support for its founders.

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Funder of Funds: Impact Ventures June 2024 Newsletter

Message from Dana Deardorff

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Impact Ventures by J&J Foundation invests in Hamilton Health Box to offer primary care ‘microclinics’ in rural communities, workplaces, school campuses

“Until now, it’s been financially and logistically challenging to provide outlying communities with the high-quality care they need – and deserve. But we’ve created a unique way to meet more people where they are, with a small footprint, high-touch model that works practically anywhere,” said Hamilton Health Box CEO & Founder, Dr. Toby R. Hamilton.

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Innovative startups are changing the landscape of health impact everywhere. Are investors aware?

“We’re still discussing if we should include healthcare under impact investing.”

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Village Capital Opens Applications for LIFT: Accelerating Equitable Health Innovation

Seeking ten early-stage startups that are addressing disparities in the non-medical drivers of health among underserved communities

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Elevating outcomes beyond clinics: Investing in diverse-led startups to advance health equity in the US

Despite efforts to promote health equity, current investments, particularly those focused on medical interventions, have proven insufficient. Investors can create lasting, systems-level change by embracing a more holistic approach to health innovation. The answer lies in supporting early-stage startups at the forefront of this innovation, including building solutions to effectively improve the non-medical social determinants of health for marginalized and underserved populations.

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2023 reflections: A year of progress advancing health equity

As we look back on the past year at Impact Ventures by Johnson & Johnson Foundation, we are encouraged by our progress to advance global health equity. Despite a challenging economic environment for startups and fundraising in healthcare overall, we made 10 investments—doubling our portfolio of impact-focused companies and funds. This includes four investments we just completed at the end of last year, providing innovative ways to improve the health of patients around the world who have been historically marginalized or underserved.

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Sophisticated financing and smarter partnerships: How investors are forging new roadmaps for health impact

In a piece published by ImpactAlpha, James Bair, Partner and Managing Director, and Carolina Batista, Head of Global Health Affairs, at Baraka Impact Finance overview why the health sector in emerging and frontier markets is ripe for innovation and impact—and how forward-thinking investors are responding through new forms of collaboration and financing.

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Impact Ventures by J&J Foundation invests in CareAdvisors to improve the integration of healthcare and social services

In the United States, it is estimated that approximately three in five adults will experience poverty in their lives. Social services, such as the Supplemental Nutrition Assistance Program (SNAP) and Medicaid programs, provide supportive safety nets for this low-income population. However, in 2023, more than 40% of people who applied for a social service program said they had trouble proving eligibility or getting benefits when they needed them. Chris Grace co-founded CareAdvisors in 2018 to tackle this significant problem.

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These innovators are harnessing AI for health equity in Africa

Since 2021, J&J Impact Ventures (JJIV), an impact investment fund within the Johnson & Johnson Foundation, has worked closely with Villgro Africa to strengthen the ecosystem of equitable health innovation in Africa. This partnership began with a focus on funding innovations that equipped frontline health workers. Last year, we turned our attention to artificial intelligence (AI)—a technology with enormous potential to transform healthcare in Africa.

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Health In Her HUE announces $3 million in funding (PRESS RELEASE)

Health tech startup connects Black women and women of color with culturally sensitive and responsive healthcare providers and content.

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Johnson & Johnson Impact Ventures invests in Health In Her HUE to improve health outcomes for Black women in US communities

Black women in the United States face unique challenges when receiving healthcare services. All too often they face racism and sexism from healthcare providers, expressed both implicitly and explicitly. These biases are part of the reason they also face worse health outcomes than their white counterparts and why Ashlee Wisdom co-founded digital platform Health In Her HUE in 2018.

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VIEBEG Medical receives new investments to improve access to affordable, quality healthcare in Africa (PRESS RELEASE)

KIGALI, RWANDA, December 19, 2023 /EINPresswire.com/ -- VIEBEG Medical is pleased to announce a new investment from J&J Impact Ventures, an impact fund within the Johnson & Johnson Foundation, and Sanofi Global Health Unit Impact Fund. Serving more than 1000 hospitals, clinics, pharmacies and healthcare providers in Rwanda, Kenya and the Democratic Republic of the Congo. Viebeg is a health tech company that provides high-quality medical supplies and equipment as well as pharmaceuticals through VieProcure, an innovative data-driven procurement solution.

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J&J Impact Ventures invests in Verge HealthTech Fund to accelerate early-stage impact innovations globally

Early-stage seed funding is often the most challenging capital for healthtech entrepreneurs to raise because of the higher risk profile with new technologies and the limited number of investors active at this stage. That challenge is magnified when the company is innovating for impact to reach under-resourced patients in emerging markets. Yet, that is exactly where some of the most promising opportunities are to improve care for the billions of people globally who lack access to essential healthcare.

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Johnson & Johnson Impact Ventures invests in VIEBEG Medical to strengthen medical supply chains in Africa

Throughout many parts of Africa, healthcare systems and providers face challenges keeping key medical equipment and supplies in stock—or even procuring them in the first place. This contributes to a lack of access to important diagnostic and therapeutic procedures, ultimately leading to preventable deaths and other negative health outcomes for patients in under-resourced communities.

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Coordinating health impact investment in developing economies

In a piece published on ImpactAlpha, Judd Staples, Assistant Director for Engagement and Partnerships at Innovations in Healthcare studies the ecosystems that support the scaling of innovative health solutions. Based on the findings of a recently released research brief, Staples describes how impact investors, funders and development finance institutions might coordinate their efforts and increase access to quality care in developing economies.

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How strategic mentorship is helping SwipeRx strengthen public health in Southeast Asia

JJIV portfolio company SwipeRx is the largest network of pharmacies in Southeast Asia. A Johnson & Johnson supply chain expert joined the SwipeRx team for a six-month secondment to optimize their fulfillment process and accelerate their impact.

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Reflections from Dawa Health, a 2022 MIT Health Access prize-winner

Catching up with Tafadzwa Kalisto Munzwa, CEO and Co-Founder of Dawa Health, an AI-powered health platform democratizing access to healthcare through community health workers.

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Doubling down on support for innovation that builds health equity

This year, JJIV launched the U.S. Health Equity Alumni program to further support founders from previous Village Capital programs.

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It takes a village

Message from Dana Deardorff - November 2023 JJIV Newsletter

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Q&A with Wysa on innovations in mental healthcare

In light of World Mental Health Day earlier this month, we took the opportunity to speak with Wysa about the barriers people face in improving their mental health. Wysa provides users with an innovative digital platform for AI-driven, evidence-based mental health support, coaching and services. Based in Boston, MA, they have now reached over 11 million people across 95 countries. Wysa is a portfolio company of HealthQuad, one of our fund investments at Johnson & Johnson Impact Ventures, an impact fund within the Johnson & Johnson Foundation.

3 Min Read

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Meet the winners of the 2023 MIT Solve Health Access Prize

For a second year running, Johnson & Johnson Impact Ventures, an impact investment fund within the Johnson & Johnson Foundation, funded the MIT Solve Health Access Prize to empower entrepreneurs around the world to implement innovative solutions tackling some of the greatest health inequities. This year’s Health Access Prize was awarded to four teams who participated in the Health in Fragile Contexts Challenge, which asked: How can we build resilience in health systems and maintain access to care despite destabilizing events?

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MIT Solve awards over $1.5 million in funding to 31 tech-based innovators addressing global challenges (PRESS RELEASE)

CAMBRIDGE, MA / ACCESSWIRE / September 18, 2023 / MIT Solve, an initiative of the Massachusetts Institute for Technology with a mission to drive innovation to solve world challenges, unveiled its 2023 Solver class today -- 31 tech-innovators tackling its 2023 Global Challenges. This took place during Solve's annual pitch event in New York City ahead of the UN General Assembly Week. The 2023 Solvers share a prize pool of over $1.5 million, and each team receives at least $10,000 in unrestricted funding and enters a nine-month support program to scale their work and impact.

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Johnson & Johnson Impact Ventures invests in Field Intelligence to improve health supply chain in Kenya and Nigeria

In Africa, over 1 billion people look to their local, community-based pharmacy for essential healthcare. Unfortunately, many of these patients are unable to receive quality healthcare because of the obstacles that pharmacies face managing data, accessing financing and fulfilling basic supply needs. The issue often comes down to fundamental logistical challenges of getting critical medicines and supplies to where the demand actually is. These challenges significantly impact the lives of patients and also place a heavy economic burden on pharmacies and health systems.

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