StartUp Health July 1, 2020
With $4.2B raised, 2020’s second quarter of health innovation funding shows a confident investment market doubling down on future-oriented health infrastructure.
Total health innovation funding for the first half of 2020 hit $9.1B, up nearly 19% compared to the same period in 2019.
The first quarter of 2020 came out swinging. With $4.9B raised, it was the most-funded quarter on record for health innovation. But then the world changed. On January 11, China reported its first coronavirus death, and two months later the World Health Organization declared that COVID-19 was a global pandemic. These realities rocked the markets — contracts froze and layoffs began. All bets were off as to how the coronavirus would impact health innovation funding going...
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