Funding
With $20B Raised Globally in the First Half of 2021, Health Innovation Funding Shows (More) Record Growth Post COVID
Funding announcements in health innovation have been coming in hot and fast these days.
Bob Teague
July 28, 2021
Funding announcements in health innovation have been coming in hot and fast these days.
H1 2021 secured $14.7B in digital health funding, already surpassing all of 2020’s funding. The half closed with 372 deals and an average deal size of $39.6M, spearheaded by 48 mega deals which accounted for 59% of total H1 2021 funding. Public exit activity ballooned with 11 closed IPOs and SPACs, with another 11 SPACs expected to close in 2021.
2021 opened with a whirlwind of SPAC-triggered public exit activity in digital health. In this post, we share insights and analysis on how digital health’s SPAC boom will impact four different stakeholder groups, as well as implications for the entire ecosystem.
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