digital health funding 2023

person presenting on stage
By  Trevor Dermody 10:45 am March 14, 2024
ORLANDO – Pawan Kohli, strategic advisor at Redesign Health, spoke at HIMSS24 Venture Connect on experiencing failure and the lessons startups can learn to ensure they thrive in an ever changing digital health market.  Global digital health funding was cut substantially in 2023 compared with 2022, while deals dropped to the lowest level since 2016. Additionally, there were just three mega-rounds...
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By  Emily Olsen 10:37 am April 10, 2023
Though health tech investment dropped last year, there's still plenty of need for innovation in healthcare, said Peter Micca, audit and assurance partner and national health tech leader at Deloitte.  Micca sat down with MobiHealthNews to discuss the consulting firm's recent report on the health tech investment environment and the growing role of platform-enabled ecosystems. MobiHealthNews: What...
Businesspeople looking at financial charts
By  Emily Olsen 04:15 pm April 3, 2023
Digital health startups raised $3.4 billion across 132 deals in the first quarter, according to Rock Health's latest funding report. Though investment in Q1 surpassed the last two quarters – where companies notched $2.7 billion in Q4 and $2.2 billion in Q3 – the authors noted this probably isn't a return to the booming funding environment seen in 2021 and early 2022.  "Overall, Q1’s mega-deal...
The Silicon Valley Bank (SVB) logo is seen through a rain covered window in front of the SVB headquarters.
By  Emily Olsen 11:00 am March 31, 2023
The collapse of Silicon Valley Bank, a firm popular with tech startups and investors, could have lingering effects on the digital health ecosystem as the sector adjusts to a slowing funding environment, said venture capital panelists at ViVE 2023.  Emily Melton, managing partner of Threshold, said institutions like SVB are important to encourage people to take risks on new innovation, a critical...
Scientists working in a lab.
By  Emily Olsen 10:07 am December 30, 2022
Biotech and digital health funding soared in the wake of the COVID-19 pandemic, but both sectors slowed down in 2022. Elena Viboch, partner at General Catalyst, said startups need to focus on the end goal — building technology or therapies that can help patients. She sat down with MobiHealthNews to discuss her takeaways from this year and her predictions for 2023. MobiHealthNews: What do you...
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By  Emily Olsen 10:36 am December 22, 2022
After digital health startups scooped up huge amounts of investor dollars last year, the market slowed down significantly in 2022. But it's still a relatively new field, and there's plenty of room for startups that can prove their ability to improve care, says John Beadle, managing partner at Aegis Ventures. He sat down with MobiHealthNews to discuss the growth in partnerships with health systems...
Businesspeople looking at financial charts.
By  Emily Olsen 10:03 am December 9, 2022
After a year of mega-rounds, skyrocketing valuations and a parade of growing digital health startups, the investment landscape looked a lot more tepid in 2022.  But there are still plenty of opportunities for startups, especially for companies that can demonstrate their value amid a challenging economic environment, said Dr. Sunny Kumar, partner at GSR Ventures. Kumar sat down with MobiHealthNews...