Healthcare Innovation July 6, 2020
Telehealth companies specifically brought in $1.9 billion in the first half of 2020
COVID-19 has disrupted many facets of the global economy, but digital health venture capital (VC) funding nonetheless soared in the first half of 2020, with $6.3 billion in new investments—a 24 percent year-over-year increase.
Consulting firm Mercom Capital Group is previewing this data in advance of its upcoming 1H Digital Health Funding and M&A Report, which is set to be released on July 13. Notably, venture funding reached $2.8 billion during Q2 2020, an 11 percent decrease year-over-year compared to $3.1 billion raised in Q2 2019. But for the first half of the year overall, the $6.3 billion in new digital health investments favorably compares to the...
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