Venture Investors is raising a new healthcare venture fund, according to a PE Hub report citing an SEC regulatory filing.

The firm is targeting $100 million for the fund.

Venture Investors, with offices in Madison, Wyo., and Ann Arbor, Mich., seeks to make early-stage investments in healthcare, specifically within the therapeutic, diagnostic and tools, medical device and IT sectors. The firm focuses on the Midwest, with initial investments ranging from $250,000 to $2.5 million.