Healthcare venture fundraising soared to $17 billion in 2020, a fifty seven% improve in excess of 2019’s file, according to Silicon Valley Bank. Financial commitment in venture-backed organizations also rose to a new high of $fifty one billion.
SVB’s 10th once-a-year Healthcare Investments and Exits Report, introduced Thursday at SVB’s Innovate Following digital summit, analyzes and predicts tendencies for worldwide venture capital fundraising, investing and exits that condition the biopharma, healthtech, diagnostics/instruments and health-related product sectors.
What’s THE Affect
Strong IPO ecosystem and robust private merger and acquisition exercise propelled U.S. health care venture fundraising to a fourth-consecutive file calendar year to $17B. The 3rd quarter of 2020 established a high-h2o expense mark of $fifteen billion, the major health care expense quarter at any time recorded. Each sector — biopharma, healthtech, dx/instruments and product — knowledgeable file expense.
IPOs in all sectors established or tied file quantities. Publish-IPO general performance