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innovation Researchers studying the BCG vaccine for tuberculosis test samples in a laboratory in Cape Town

innovation Researchers studying the BCG vaccine for tuberculosis test samples in a laboratory in Cape Town

Researchers studying the BCG vaccine for tuberculosis test samples in a laboratory in Cape Town.

REUTERS/Mike Hutchings


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  • Healthcare startups just had a record quarter, netting $18.1 billion from investors, CB Insights reported.
  • Lots of cash flowed into companies in digital health, therapeutics, and medical devices.
  • In total, the 7 most active venture capital firms in healthcare made 67 investments in healthcare startups.
  • Visit Business Insider’s homepage for more stories.

Healthcare startups just had a record quarter, netting $18.1 billion from investors, just as many of their services became critical during the coronavirus pandemic, according to a new industry report by CB Insights.

Areas like mental health, therapeutics and biotech, and medical devices each had record quarters, as measured by the number of deals or the amount of cash that flowed into the sector, the report said.

Read more: Startups taking new approaches to mental health just raised $588 million, and they’re signing on huge customers like Boeing and Starbucks.

Thanks to the record quarter, there are now 46 “unicorns,” or healthcare startups valued at more than $1 billion, worldwide, according to the report. The top 10 deals overall included a wide variety of healthcare companies, from hot health insurance startups like Oscar Health to biotech Sana, which is pursuing a new approach to cell-based medicine, per CB Insights.

Read more: Meet the 26 healthcare startups that top VCs say are poised to take off amid the coronavirus pandemic.

Here are the 7 most active venture capital firms in healthcare, and which companies they invested in, according to the report. The list excludes incubators and accelerators.

Innovation The 7 most active venture capital firms in healthcare made 67 unique bets on these startups:

Read more: The 21 billion-dollar startups to watch that are revolutionizing healthcare in 2020.


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