Corporate venture capital-backed funding for digital health startups increased sharply in 2021
medcitynews.com
April 6, 2022, 2:45 p.m.
GV (formerly Google Ventures) backed the most digital health companies at 22, making it the most active investor in the space four years in a row. But GV was in good company, as many invested in the space. For example, Maverick Ventures supported 20. And Salesforce’s and Sony’s venture arms funded over 5 digital health companies each in 2021. Further, the venture arms of several healthcare companies also invested. For example, Kaiser Permanente, Johnson & Johnson, and Optum participated in 2021, with 10 deals, 9 deals, and 11 deals respectively, according to the report. New investors joined the ranks, too. Specifically, CVS Health started its CVS Health Ventures in 2021 with a fund of $100 million.