Mercom Capital Group December 8, 2020
Wearable Sensors companies raised almost $4 billion since 2013
Digital Health Wearable companies received $700 million in 30 funding rounds in the first nine months (9M) of 2020, compared to $312 million in 25 funding rounds in 9M 2019, a 45% increase in the funding amount, according to the Mercom Digital Health Funding and M&A Report.
Most of the funding went to growth-stage Series B and Series C rounds in 9M 2020.
Founders Fund and Khosla Ventures led the digital health wearables funding activity during 9M 2020, with each investing in three rounds. Other investors who made multiple investments include DCM Ventures and Anathem Ventures. Another 90 investors, each made one investment in wearables sensors companies during 9M.
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