Medtech companies raised more than $738 million in Q2

[Image from unsplash.com]

Venture capital firms invested more than $738 million during the second quarter of 2018, $1 million less than the first quarter of this year, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights.

There was a total of 61 deals during Q2, an increase from the 48 that the industry saw during Q1. Medical device and equipment companies raised a total of $738,600,000 during the second quarter. In contrast, medical device and equipment companies raised $739,750,000 during Q1.

Compared to the second quarter of 2017, investments are down $1.5 million, but there were four more deals made than last year.

Get the full story on our sister site, Medical Design & Outsourcing.

The post Medtech companies raised more than $738 million in Q2 appeared first on MassDevice.

from MassDevice https://ift.tt/2LlHj9R