Eight Roads is a global venture capital firm, established in 1969, that invests in technology and healthcare companies across Asia, Europe, Israel, and the United States. It manages over $11 billion in assets through various funds, including Eight Roads Ventures China, Europe, India, and Japan. The firm focuses on early venture, growth capital, and growth stage investments, typically committing between $1.29 million to $30 million per company. Eight Roads seeks minority and majority stakes, often taking a board seat, and has invested in over 500 companies such as Alibaba, Chewy, and Toast. It operates as the proprietary investment arm of Fidelity International Limited.
Managing Partner, Fidelity International Strategic Ventures
Umang Agarwal
Principal
Sanjay Aggarwal
Venture Partner
Hiroki Ashida
Vice President
Daniel Auerbach
Senior Managing Partner, Asia
Vytautas Balsys
Partner
Helena Barman
Investor
Virginia Bassano
Vice President
Shirish Belapure
Venture Partner
Daniel Benjamin
Associate
Betty Cai
Partner
Arvind Chari
Vice President
Ted Chua
Partner
Lucile Cornet
Partner
Kevin Du
Senior Associate
Raj Dugar
Managing Partner, India
Martin Ericsson
Principal
Tamina Fogelberg
Associate
Siddhant Gandhi
Associate
Elaine Gao
Senior Associate
Antonin Gury-Coupier
Vice President
Davor Hebel
Managing Partner and Head of Europe
April Hu
Vice President
Tao Huang
Principal
Tammy Huang
Senior Associate
Tao Huang
Principal
Allen Huo
Vice President
Abhishek Jain
Vice President
Zang Jialun
Partner
Murata Junichi
Principal
Deepak Kanvinde
Venture Partner
Michiko Kohyama
Vice President
Shinichiro Komoto
Partner
Kavish Kothari
Principal
Chintan Kothari
Partner
Thomas Lin
Vice President
Rebecca Lin
Partner
Xin Liu
Partner
Allen Liu
Senior Associate
Maneesh Menon
Principal
Sophie Meralli
Vice President
Chersy Miao
Senior Associate
David Milstein
Managing Partner and Head of Japan
Jens Neisius
Vice President
Dan O'Toole
Vice President
Yosuke Ouchi
Principal
Delphine Qiu
Principal
Eyal Rabinovich
Principal
Laura Salesse
Senior Associate
Fuga Sawada
Senior Associate
Shawn Shen
Partner
Sagar Sheth
Vice President
Lei Shi Ph.D
Partner
Arjun Singh
Senior Associate
Michael Stephanblome
Venture Partner
Liena Suzuki MD
Principal
Aditya Gurunath Systla
Principal
Michael Treskow
Partner
Jarlon Tsang
Managing Partner and Head of China
Ashish Venkataramani
Partner
Ashish Venkataramani
Partner
He Wang
Vice President
Bo Wang
Senior Associate
Nancy Xu
Vice President
Cody Yin Ph.D
Partner
Zhang Yixiao
Executive Director
Yuan Yuan
Principal
Alston Zecha
FinTech and Enterprise Software and Director
Haoming Zhang
Vice President
Gordon Zhang
Vice President and Principal
Feng Zhao
Partner
Weimin Liu Ph.D
Partner
Past deals in Hospital
Beads
Series A in 2025
Beads is a dedicated operator of hospice housing facilities, specializing in providing end-of-life care for patients with terminal cancer or intractable neurological diseases. The company offers a residential setting that combines nursing care and palliative support, aiming to create a comfortable and dignified environment for patients to spend their final days.
Ujala Cygnus Healthcare Services
Venture Round in 2022
Ujala Cygnus Healthcare Services is a New Delhi-based operator of a chain of low-budget super-specialty hospitals focused on delivering quality healthcare to Tier 2 and Tier 3 communities in India. The organization provides a range of medical services, including both emergency and elective procedures, with expertise in various surgical specialties such as joint replacement, trauma surgery, neurological and spine surgery, urology, ophthalmology, and fertility. By offering advanced medical options at an affordable cost, Ujala Cygnus aims to enhance healthcare accessibility and address the needs of underserved populations in these regions.
SDP Japan
Venture Round in 2018
SDP Japan Co., Ltd. is a specialty hospital provider based in Shinjuku, Japan, focusing on orthopedic and cardiovascular surgeries. Founded in 2014, the company operates a medical equipment procurement platform designed for both bed-based hospitals and bedless clinics. SDP Japan specializes in the procurement and sales of surgical components, pharmaceuticals, and consumables, as well as offering IT system services and management consulting. This comprehensive approach enables hospitals to access essential surgical materials and equipment, ensuring that patients can undergo surgeries with confidence and peace of mind.
Devoted
Series A in 2017
Devoted Health, established in 2017 and headquartered in Newton, Massachusetts, specializes in providing comprehensive healthcare solutions for Medicare beneficiaries in the United States. The company offers Medicare Advantage plans, along with personalized care through dedicated health guides, both in-person and virtually. Devoted Health aims to improve the health and well-being of older Americans by combining access to top local providers, virtual and in-home care through Devoted Medical, and advanced technology to deliver tailored healthcare experiences.
Haici Technology
Series B in 2017
Haici Technology is a developer of a mobile platform aimed at enhancing the efficiency of hospital operations. The platform serves as a smart healthcare service solution, designed to improve patient visit experiences and reduce wait times. By integrating online and offline medical services, it facilitates better connections between hospitals and patients while also streamlining administrative workflows. The company's focus is on optimizing hospital visits and expanding the range of services offered, ultimately aiming to improve overall healthcare delivery.
Novaerus
Venture Round in 2014
Novaerus is a manufacturer of air filtration technologies aimed at enhancing air quality in the healthcare, education, and hospitality sectors. The company's innovative air purification systems utilize dielectric barrier discharge (DBD) plasma technology to effectively control airborne pathogens and pollutants. This technology is designed to complement traditional cleaning protocols, such as hand washing and surface disinfection, by providing an additional layer of protection against indoor pathogens. By implementing its airborne pathogen control solutions, Novaerus seeks to improve the quality of care and overall business outcomes in skilled nursing and assisted living facilities, ultimately creating healthier living, working, and healing environments.
Cygnus Medicare
Venture Round in 2014
Cygnus Medicare Pvt. Ltd., established in 2011, operates a chain of multi-specialty hospitals in India, primarily in the northern regions. The company specializes in super speciality surgeries, including bone and joint, cardiology, neurology and spine, obstetrics and gynecology, pediatrics, minimal access surgery, eye care, ENT, dental and cosmetic, internal medicine, and diabetology. It also provides intensive care, radiology, and urology services. As of 2019, Cygnus Medicare operates ten state-of-the-art hospitals in Delhi and Haryana, staffed by highly skilled and experienced doctors. The company aims to provide high-quality care using advanced technology, making its hospitals the preferred choice for both emergency and elective procedures.
Bang Er Orthopedic Hospital Group
Venture Round in 2014
Bang Er Orthopedic Hospital Group is a health care company.
Cygnus Hospitals
Venture Round in 2014
Cygnus Hospitals is a Operator of multi-speciality hospitals.
Bang Er Orthopedic
Series A in 2014
Zhejiang Bang Er Medical Investment Management Co., Ltd. is a prominent operator of hospitals specializing in orthopedic care and rehabilitation services, established in 2012 in Zhejiang Province, China. The company focuses on the diagnosis and treatment of various orthopedic conditions, including trauma-related injuries, hand and foot surgery, spine surgery, and joint surgery. By offering a comprehensive range of services, Bang Er aims to provide patients with the necessary care and treatment options for their orthopedic ailments, positioning itself as a key player in the healthcare sector of the Yangtze River Delta.
Optegra UK
Venture Round in 2008
Optegra UK Limited is a specialist provider of ophthalmic services with a network of eye hospitals and clinics across the United Kingdom, including locations in Birmingham, Cheshire, Hampshire, Leeds, London, Manchester, Surrey, and Yorkshire. Established in 2006 and headquartered in London, the company offers a range of treatments for various eye conditions, such as age-related macular degeneration, cataracts, eyelid conditions, floaters, and glaucoma. Its services include cataract surgery, laser eye surgery, lens replacement, cosmetic eyelid surgery, and vitrectomy treatments. In addition to its UK operations, Optegra also provides ophthalmic services internationally in China, Germany, the Czech Republic, and Poland, emphasizing its commitment to enhancing patients' quality of life through specialized eye care.
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