Early-stage medical device startups are addressing important challenges in surgery, cardiology, and neurology, among other disciplines.
Since 2012, deals to early-stage medical device companies have hovered around 30% of total deal volume to the category. VCs and corporate investors alike are continuing to fund medical device startups in 2016 and the category is on track to see another year of increased deal activity.
Some of the early-stage startups being funded are tackling major issues in healthcare ranging from hearing loss to depression to traumatic brain injury. Below, we look at 12 companies that were funded in the past 20 months.
Within the group, five healthcare specialties stood out:
- Diagnostics: Click Diagnostics & Owlstone Medical
- Cardiology: Impulse Dynamics & Iowa Approach
- Neurology: Tal Medical, Neural Analytics, & IRRAS
- Orthopedics: CyMedica Orthopedics & OssDsign
- Surgery: Gecko Biomedical & Cambridge Medical Robotics
Using the CB Insights platform, we identified 12 early-stage medical device startups which received seed or Series A funding since 2015, and ranked them by total funding received. None have yet received a Series B. For the full list, visit the article here.