View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Deals Analysis
August 4, 2022

Medical Devices industry cross border venture financing deals total $464.1m in Europe in Q2 2022

By Carmen

Led by $80m venture financing of Proximie, total medical devices industry cross border venture financing deals worth $464.1m were announced in Europe in Q2 2022, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 34.4% over the previous quarter and a drop of 42.6% when compared with the last four-quarter average of $808.9m.

Europe held a 23.80% share of the global medical devices industry cross border venture financing deal value that totalled $1.95bn in Q2 2022. With an 8.64% share and deals worth $168.56m, France was the top country in Europe’s cross border venture financing deal value across medical devices industry.

In terms of deal activity, Europe recorded 31 cross border deals during Q2 2022, marking a decrease of 18.42% over the previous quarter and a rise of 4.20% over the last four-quarter average. The UK recorded seven deals during the month.

Europe medical devices industry cross border venture financing deals in Q2 2022: Top deals

The top five cross border venture financing deals accounted for 60.6% of the overall value during Q2 2022.

The combined value of the top five medical devices cross border venture financing deals stood at $281.15m, against the overall value of $464.1m recorded for the quarter.

The top five medical devices cross border deals of Q2 2022 tracked by GlobalData were:

1) Advent Life Sciences,British Patient Capital,Eight Roads Ventures,Emerson Collective,F Prime Capital,Global ventures,Maverick Ventures Israel,Minderoo Foundation,Mubadala Investment,Questa Capital Management and SoftBank Vision Fund 2 $80m venture financing deal with Proximie

2) The $75.34m venture financing of Diabeloop by Innovacom,LBO France and Terumo

3) 3VC Partners,Balderton Capital,Eurazeo,heal.capital Management,Picus Capital and Vorwerk Ventures $54.73m venture financing deal with Avi Medical

4) The $39.77m venture financing of LimFlow by BPI France,Longitude Capital Management Co,Sofinnova Partners and Soleus Capital Management

5) Cathay Capital (China),GT Healthcare Capital Partners,JJDC,Johnson & Johnson Innovation – JJDC,Richard Leparmentier,Sacha Loiseau,Siddarth Satish,Sofinnova Partners and Yann Fleureau $31.3m venture financing deal with Moon Surgical

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The medical device industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Medical Device Network