Digital health continues to break funding records as companies across the globe raked in $30.7 billion in venture capital in 2021, according to data from Digital Health Business & Technology, Modern Healthcare reports. Telehealth and data analytics led the way.
Investments during the fourth quarter were $7.6 billion across 206 deals, a 6% drop from the recording-setting $8.1 billion raised by digital health companies during the previous quarter. But venture capital funding increased 68% year-over-year, as digital health companies raised just $4.5 billion in 139 deals during the fourth quarter of 2020.
Venture capital investors have poured $89 billion into digital health companies since 2010. More than a third of that investment happened last year. Read more.
