Forbes February 24, 2020
In January 2020, Octopus Ventures, one of the largest early stage investors in Europe and backers of mental-health-tech company Big Health, published results of new research showing that in 2019, VC investment in mental health technology reached £580 million ($750 million). Their study utilised the latest data from Pitchbook, covering 1,541 companies, 3,779 deals and 3,859 investors to detail an increase in global funding from £120 million ($156 million) in the last six years, with annual deals more than tripling (30 to 105 in 2019).
Analysis of recent financial data shows that funding rounds are growing in size, with the average raise shooting up from £660,000 ($860,000) in 2014 to £1.92 million ($2.5 million) by the end of last year....
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