10 Device Companies VCs Loved in Early 2017

April 15, 2017 Medical Devices, Orthopedics, Robotics, Startups, Venture Capital

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.

By Marie Thibault | Qmed

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About Peter Coffaro 808 Articles

A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the orthopedic industry. Recognized by MedReps.com as one of the top medical sales influencers in the industry; he has 10 years of combined sales management experience and has held positions as a Director, General Manager and Distributor. Peter has worked for some of the top orthopedic companies in the world - Zimmer, DePuy and Stryker. He is also the founder of OrthoFeed: a popular blog that covers orthopedic news and emerging medical technologies. Peter is a three-time Hall of Fame award winner at Johnson and Johnson and has an extensive background in organizational development, business development, sales management, digital marketing and professional education. Peter holds a B.S. degree in Biology from Northern Illinois University.