10 Medtech Startups on Fire in Q2 2016

startups-on-fire_IDEA-GO-FREEDIGITALPHOTOSVenture capital investment in medical device and equipment companies rose 3%, to $538.8 million during the second quarter of 2016, according to MoneyTree report from the National Venture Capital Association, PwC, and Thomson Reuters. The number of deals also increased, from 58 in the first quarter of the year to 61 in the second.

In particular, the following medical device startups caught investors’ eyes, raising a combined total of more than $371 million in venture capital funding last quarter.

Here’s a look at the 10 medtech startups that raised the most in VC investments in Q2 2016.

By Jamie Hartford | Qmed


About Peter Coffaro 1149 Articles

A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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