Vensana Capital recently announced closing a $425 million Fund III for continued investment in innovative medtech companies. The Edina, Minnesota–based venture capital firm said yesterday that it now has roughly $1 billion in capital under management. The news of Vensana Capital’s fundraise should provide some good news in a medtech fundraising environment that is a […]
venture capital
Medtronic’s VC leader discusses risk, returns, strategy and an ‘ugly truth’
A panel of medtech investors convened today for DeviceTalks Boston included David Neustaedter, vice president of venture capital at Medtronic (NYSE: MDT). He’s spent 14 years in the role, including as director of venture capital at Covidien before Medtronic acquired the company (read more in his DeviceTalks speaker bio). Medtronic has more than $500 million in […]
Healthcare venture funding boomed in 2021; expect a slowdown in 2022
An all-time-high $86 billion of venture capital investments in the U.S. and Europe last year bested 2020’s record haul by more than 30 percent and grew more than 150 percent from 2019, according to a new analysis by Silicon Valley Bank. After record-setting quarters in the first half, however, VC investment slowed due to poor […]
Medtech analyst David Lewis launches venture fund
Gilmartin Capital announced today that it launched its first venture fund, to be led by medtech industry expert David Lewis. The Gilmartin Capital Fund I will focus on investment opportunities in the medical device, life science tools, diagnostics and digital health sectors, Gilmartin said in a news release. Lewis is the founder and managing partner […]
How is COVID-19 affecting medtech deals?
Fewer medical device companies are securing their first big venture capital investments — or engaging in large mergers — amid the COVID-19 pandemic, according to recently released reports from Silicon Valley Bank and PwC. The medical device industry saw 38 Series A investments worth $279 million during the first half of 2020, down from 45 […]
DeviceTalks Weekly Podcast: Ep.5 — How can startups move forward during a pandemic?
Raising capital for startup is never easy. Try doing it during a pandemic. In this week’s DeviceTalks Weekly, we’ll try to help entrepreneurs by talking with two guests who are committed to helping startups find the funding they need. Paul Grand, founder and CEO of MedTech Innovator, explains how he’s working to keep startups connected […]
These medtech companies raised the most VC in 2018
Venture capital firms invested more than $2.9 billion in medical device companies in 2018 — a slight increase from the $2.8 billion raised in 2017, according to the MoneyTree report from PricewaterhouseCoopers (PwC) and CB Insights. Both the first and second quarters of 2018 saw an increase in investments, totaling nearly $778 million and $786 million respectively. The third […]
Medtech companies raised more than $738 million in Q2
Venture capital firms invested more than $738 million during the second quarter of 2018, $1 million less than the first quarter of this year, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There was a total of 61 deals during Q2, an increase from the 48 that the industry saw during Q1. […]
Medtech venture investing trends: Here’s what you need to know
Ask any early-stage medtech or digital health entrepreneur, and they’ll tell you how tough it is. There’s tremendous competition for venture investing, coupled with a pullback by previously traditional investors in this space. Bill Evans While venture investment in medtech and digital health has recovered since the financial crisis of a decade ago — setting […]
These medtech companies raised the most VC last year
Perhaps there’s a ray of hope that venture capital funding is recovering a bit for the medical device industry. VC firms invested more than $2.8 billion in 2017, an increase of more than $647 million from 2016, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There were a total 229 deals involving […]
5 medtech funding insights you need to know
Venture capital funding isn’t what it used to be for medical device startups, but there are actually reasons to feel optimistic about medtech funding. That was the big takeaway from a four-expert panel at DeviceTalks Minnesota last month. (The next DeviceTalks is Oct. 2 in Boston.) Charlie Whelan, director of transformational health consulting at Frost & Sullivan, […]
