Silicon Valley Bank
Jonathan Norris, managing director for business development in Silicon Valley Bank's healthcare practice, explains why early-stage investments continued last year even as overall funding fell.
Resilience Lab, Validic and Assure Health also make funding announcements.
The company will use the funds to improve personalization across its platform and expand its global reach.
The Silicon Valley Bank report found health tech companies in the U.S. and European Union have raised about $23 billion through the end of September this year.
Silicon Valley Bank report predicts VCs will slow down their deal pace in 2022.
The company collected $9 million in debt financing from SVB and $12 million in equity investments led by Savitr positions, according to its announcement.
Silicon Valley Bank report says investment in Europe sky-rocketed in 2020.
The European market is projected to nearly triple its digital health funding from 2018 to 2019.
Chicago-based Endotronix has added another $12 million in funding to further development on its wireless, remote cardiac monitor system.