MedCity News October 18, 2020
Global healthcare funding set a new record in the third quarter, according to data from CBInsights. Healthcare companies raised a total of $21.8 billion across 1,539 deals.
Healthcare funding hit a new record in the third quarter of 2020, according to new data from CBInsights. Healthcare companies around the world raised a total of $21.8 billion, compared to last quarter’s record of $18.4 billion. The total number of deals also increased 18% quarter-over-quarter, from 1,299 deals to 1,539.
It may be no surprise that telehealth, in particular, broke records when it came to the number of deals and dollars. Telehealth startups raised $2.83 million in the third quarter across 163 deals, according to the report. A significant portion of that...
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