Total medical devices industry venture financing deals worth $1.9bn were announced in North America in October 2021, led by $600m venture financing of Hinge Health, 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 an increase of 77.8% over the previous month of $1.08bn and a rise of 52.4% when compared with the last 12-month average of $1.26bn.

North America held a 72.18% share of the global medical devices industry venture financing deal value that totalled $2.66bn in October 2021. With a 71.05% share and deals worth $1.89bn, the US was the top country in North America’s venture financing deal value across medical devices industry.

In terms of venture financing deal activity, North America recorded 46 deals during October 2021, marking a decrease of 28.13% over the previous month and a drop of 31.34% over the 12-month average. The US recorded 44 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

North America medical devices industry venture financing deals in October 2021: Top deals

The top five medical devices industry venture financing deals accounted for 71% of the overall value during October 2021.

The combined value of the top five medical devices venture financing deals stood at $1.36bn, against the overall value of $1.9bn recorded for the month.

The top five medical devices industry venture financing deals of October 2021 tracked by GlobalData were:

1) Alkeon Capital,Coatue Management,Tiger Global and Whale Rock Capital Management $600m venture financing deal with Hinge Health

2) The $304m venture financing of Medable by Blackstone,GSR Ventures,Sapphire Ventures,Tiger Global Management and Western Technology Investment

3) 8VC,Alexandria Venture Investments,Icon Ventures,Koch Disruptive Technologies and Talos VC $215m venture financing deal with Immunai

4) The $140m venture financing of Twin Health by Corner Ventures,ICONIQ Growth,LTS Investments,Perceptive Advisors,Sequoia Capital India and Sofina

5) Castle Peak Holdings PublicLimited,Deerfield ManagementLP,Franklin Templeton Investments,Investment Property Databank,King River Capital,Olive Tree Capital,PFM Health Sciences and Weili Dai $100m venture financing deal with Lark Technologies