Global venture funding for digital health declined in 2019
After a record-setting 2018, global venture capital funding in digital health declined in 2019 with $8.85 billion raised in 615 deals, according to a new report. That’s a six percent drop compared to $9.5 billion in 698 deals in 2018, according to a new report from Austin-based communications and research firm Mercom Capital Group. Total corporate funding for digital health firms, including venture capital, debt, and public market financing, reached $10.1 billion in 2019.
We’ll be taking a look at the investment space closer to home starting next week when the annual teknovation.biz “Investor Outlook” series begins posting.