Managing Director @ SVB | Public Speaker & Panelist | Global Senior Leader | Digital Transformation | P&L | Change & Innovation | ex-HSBC | ex-Barclays | ex-BofA | 🧿Views are personal🧿
Health-focused #VC fundraising, early-stage investment deals, and promising new technologies are generating optimism for the #healthcare innovation ecosystem. ▪ $19B raised by U.S. VC firms for health-focused funds. ▪ 42% of healthcare deals were spoon-fed. The proportion of deals involving later-stage companies valued at more than $20M raising $15M or less is on the rise. ▪ 19 biopharma IPOs in 2023. Read the latest #SVBHealthcare report for a full update on how the sector has responded to a challenging macro environment.