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10 Device Companies VCs Loved in Early 2017

The medical device and equipment sector enjoyed a strong rebound in investment during the first quarter of this year. These 10 medical device and equipment companies closed the biggest funding rounds in the industry.

The healthcare sector saw an influx of investments in the first quarter of 2017, according to The PwC/CB Insights MoneyTree™ Report. Data from that report found that the total amount of money invested in healthcare companies in the first quarter of 2017 rose to $3.719 billion, making it the second-largest industry arena for investments after the Internet sector.

Financing for the medical device and equipment sector rose sharply, from just $392 million invested in the space during the last quarter of 2016 to $677 million invested in the first quarter of this year. That’s the highest level since the third quarter of 2015. The number of deals in the medical device and equipment arena rose to 67, higher than any quarter in 2016.

These were the 10 largest venture capital investments in medical device and equipment companies during the first quarter of 2017.

[Image courtesy of VORAKORN/FREEDIGITALPHOTOS.NET]

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