A survey of more than 600 venture capitalists and CEOs reveals limited optimism about the coming year, with business IT and healthcare expected to win increased backing at the expense of the medical device industry.
The survey, conducted by the National Venture Capital Assn. and Dow Jones VentureSource, showed that 53% of respondents expect lower VC investment in medical device startups. Forty-; 49% predicted the medtech space will be underfunded.