Southeastern Europe trains the engineers and clinicians who build digital health elsewhere. As a Limited Partner you get early access to that market — with a proven team, strategic access to Western buyers and a pipeline already in diligence.
Three things a fund needs to make an early-stage position in this region work — and the reasons we built CHEV between two continents rather than in one.
Partners split between Manchester, MA and the region. Sourcing and diligence happen in person, through people who live in these markets — not through cold inbound.
A region that produces the talent behind Western digital health, priced years behind the markets that hire it, with grants and tax incentives stretching each round further.
Our US base and diaspora network give portfolio companies a direct path to Western buyers, follow-on capital and board-level operators who have made that crossing before.
The math is simple: a team here reaches the same proof point on a fraction of a Western burn — and sells into the same hospital systems.
Senior software and ML talent at a fraction of US and Western EU salaries, with the same university pipeline.
Up from about $500B in 2025 as care moves to remote monitoring, telemedicine and clinical AI. Source: Fortune Business Insights.
A focused first fund — backing 10–12 early-stage teams across the region, small enough to move fast.
Deals come from people who live in these markets, not from cold inbound — and our support continues long after the investment closes.
Exceptional talent, attractive valuations and direct access to Western markets — the three things that make an early-stage position here worth holding.
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Full terms are shared with prospective LPs on request.
We do not wait for warm intros. Clinicians, operators and former Silicon Valley engineers native to the region surface founders before they reach anyone else's radar — and it is the same bench that later mentors portfolio companies and opens doors in the West. Meet the full bench →
Fund materials, pipeline and terms. We are happy to walk through the thesis with you before anything else.