The yeart started off with the hallmarks of a rebound. While Q4 2022 signaled the tail end of the digital health funding cycle, January and February funding numbers began to suggest that sector investment was slowly but surely inching back upwards, Rock Health reports.
Inflation was easing ever so slightly. Investors were rediscovering their confidence and launching new projects, signaling optimism in the sector. However, March’s titanic news — the collapse of Silicon Valley Bank, the seizure of Signature Bank, Moody’s downgrading of bank credit ratings, another Fed rate hike — was a stark reminder that the choppy waters of 2022 aren’t over yet. Read more.
