The newly independent Allumia Ventures firm also recently closed its third fund, in which Providence invested $150 million.

Providence Ventures announced that it is spinning out of the Providence healthcare system to become an independent venture capital firm with the new name Allumia Ventures.

Providence will continue to work with Allumina, and committed $150 million over the next 10 years for the firm's third fund. The health system's investment proceeds will contribute to Providence's ...

Providence spun off its venture capital arm and renamed it Allumia Ventures. The newly independent venture capital firm also recently closed its third fund, in which Providence invested $150 million.

Providence has committed $150 million to the firm's third fund. Providence Ventures has spun out from Renton-based Providence Health and Services and adopted a new name, Allumia Ventures.

The suspect in the shooting death of CEO Brian Thompson has garnered sympathy and financial support as he awaits trial, a sign that public support could sway the jury, legal analysts contend. More ...

Providence spun off its venture capital arm and renamed it Allumia Ventures. The newly independent venture capital firm also recently closed its third fund, in which Providence invested $150 million.

Allumia is also raising… Read More Moondream, a new Seattle startup building a large language model for visual-related use cases, raised $4.5 million in a pre-seed round. VentureBeat reported on ...

The Renton, Washington-based health system said Tuesday it will remain involved with the newly named Allumia Ventures as a limited partner and has committed $150 million to Allumia over the next ...

Qualified Health, a public benefit corporation that provides the infrastructure for generative AI in healthcare, has launched with $30 million in seed funding. The funding round was led by SignalFire, ...