Healthcare DIVE January 9, 2025
Nearly 30% of the funding poured into healthcare startups last year went to companies leveraging artificial intelligence, according to Silicon Valley Bank.
Dive Brief:
- Venture capital investment in healthcare increased in 2024, spurred by enthusiasm for artificial intelligence startups, according to a report by Silicon Valley Bank.
- Funding for U.S. healthcare companies reached $23 billion last year, compared with $20 billion in 2023. Nearly 30% of the 2024 investment went to startups leveraging AI, according to SVB.
- This year could bring a “steady yet modest” increase in deal value and volume across healthcare, Jackie Spencer, head of relationship management for life science and healthcare banking at SVB, said in a statement. Still, the market for initial public offerings...