Healthcare DIVE October 16, 2024
Funding in the first eight months of the year has already exceeded pre-pandemic levels, according to Silicon Valley Bank. But high valuations recorded in 2021 are still affecting the market.
Dive Brief:
- Venture capital investment in healthcare technology might be on the upswing following a long hangover from the pandemic-era funding boom, according to a report by Silicon Valley Bank.
- Investment so far this year is hovering between $4 billion and $4.5 billion per quarter. Funding in the first eight months of 2024 has already exceeded investment totals from full-year 2019.
- Though company valuations will likely fall, the number of deals and the funding amounts suggest investors are interested in rebuilding and reevaluating their health tech portfolios,...
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