Healthcare DIVE October 22, 2024
M&A could allow startups to add products and capabilities in a more restrained funding environment, panelists said at HLTH.
LAS VEGAS — Health startups will likely need to consolidate as funding normalizes following a flood of pandemic-era investment, experts said during a panel discussion at the annual HLTH conference Monday.
The healthcare sector saw a swell of new companies raising money at high valuations in 2021. Now, health technology funding has declined compared with pandemic highs, and down rounds, which is when the value of a startup is lower compared with a previous raise, have increased, according to a recent report by Silicon Valley Bank.
Consolidation could be good for the market — and allow companies to add new...
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