Forbes February 5, 2019
Healthcare startups raised over $2.6 billion in January this year.
Healthcare startups raised $2.61 billion in venture capital fundraising last month, according to analysis of deals conducted by VC database Pitchbook for Forbes.
That’s up 37% from the $1.9 billion raised during the same month last year, and it’s the highest amount raised in January on record since Pitchbook began tracking funding in 2008. (The next highest was in January 2015 when startups raised $2.16 billion.)
Biotech startup hub BridgeBio had the largest fundraise of the month, nabbing $299 million from investors like KKR and Viking Global Investors. The Palo Alto company is developing drugs for oncology and a number of rare genetic diseases. The startup operates...
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