Health care venture fundraising soared to $17 billion in 2020, a fifty seven% improve about 2019’s document, according to Silicon Valley Financial institution. Financial investment in venture-backed organizations also rose to a new higher of $51 billion.
SVB’s tenth yearly Health care Investments and Exits Report, launched Thursday at SVB’s Innovate Up coming digital summit, analyzes and predicts tendencies for world wide venture funds fundraising, investing and exits that form the biopharma, healthtech, diagnostics/tools and clinical device sectors.
What is THE Effect
Sturdy IPO atmosphere and sturdy private merger and acquisition activity propelled U.S. health care venture fundraising to a fourth-consecutive document yr to $17B. The 3rd quarter of 2020 established a higher-water investment mark of $fifteen billion, the premier health care investment quarter ever recorded. Every single sector — biopharma, healthtech, dx/tools and device — knowledgeable document investment.
IPOs in all sectors established or tied document figures. Write-up-IPO efficiency