Financial

Medical start-up fundraising soars 28% in 2014 so far — 5 quick facts

Written by  Laura Dyrda

So far in 2014, medical startups have raised $300 million, according to a Twin Cities Business report, with a bulk of the fundraising happening in the third quarter.

The healthcare industry is ripe with opportunity — from medical devices that produce better outcomes and lower costs to IT infrastructure that can help providers communicate better — and many companies are raising big bucks to fund their projects. Here are five quick facts about the medical start-up company fundraising, based on a LifeScience Alley analysis reported in TCB:

 

•    18 companies raised $113.6 million in the third quarter
•    79 Minnesota medical companies raised $300 million

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Josh Sandberg

Josh Sandberg is the President of Ortho Sales Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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