The health tech investment train maintained its brisk pace as two new venture capital investment reports show even more record-breaking fundraises through the third quarter of 2021.
The data, from Rock Health and StartUp Health, outline third-quarter and full-year funding records—although both sources indicated a slight dip in month-over-month raises.
For example, Rock Health’s report on industrywide digital health funding pegged the third quarter’s fundraising total at $6.7 billion across 169 deals.
This was a fair gain over Q3 2020’s $4.2 billion but a pullback from the $8.2 billion of this year’s second quarter. Rock Health attributed the short-term decline to a dip in overall deal volume as well as a slowdown in $100 million-plus “mega deals.”
Still, the addition of digital health’s second-largest-ever fundraising quarter was more than enough to put 2021 squarely in the lead for digital health’s best-funded year to date.
By Rock Health’s tally, the first nine months alone have brought in a total $21.3 billion across 541 investment deals, dwarfing the $14.6 billion record of 2020.
Source: Fierce Healthcare
Confirmed Omicron cases, deaths, and admissions
France, Israel, Denmark, and Ireland have the highest cases per capita of Omicron in the world. This shows what happens with massive surges of virus spread, even ones with 60-70% less severity.
Source: Dr. Eric Topol, Scripps Institute