New data from CB Insights reveals that the number of global VC deals grew to reach $6.1bn in 2016
From 3D-printed limbs to iPad apps helping surgeons prep for surgery, technology is rapidly changing the way people are kept healthy. And investors are certainly paying attention. Not only has the number of VC deals increased over the past decade but the deals are also getting bigger and spreading across the world, according to new data from CB Insights, the venture-capital database.
Having looked at all healthtech deals over the past seven years, the company revealed that funding to new enterprises in the sector has increased almost every year. In 2016, there were 918 global deals, corresponding to $6.1bn in investment. This was up from 147 deals and $537bn in investment in 2009.
CB Insights also checked out where the deals were taking place. Looking at all global deals between the first quarter of…