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