23andMe raised most digital health funding in 2018

Jessica Kim Cohen - Print  | 

Digital health startups raised a collective $9.5 billion in 2018, a 32 percent increase from 2017's record-breaking $7.2 billion, according to a report by market research firm Mercom Capital Group.

For the report, Mercom Capital Group reviewed the 698 digital health funding deals that took place last year. During 2018, a total of 1,396 investors — including private equity and corporate venture capital firms — participated in digital health funding, up from 1,288 investors in 2017.

The seven largest VC funding rounds in digital health during 2018:

1. 23andMe: $300 million

2. American Well: $291 million

3. Butterfly Network: $250 million

4. HeartFlow: $240 million

5. WuXi NextCode: $200 million

5. Helix: $200 million

5. SomaLogic: $200 million

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