5 largest digital health funding rounds of 2023

In 2023, digital health and medtech companies focusing on brain-computer interface technology and the staffing crisis raised $200 million or more.

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Here are the five biggest digital health company financing rounds Becker’s has covered in 2023 so far:

  1. In August, Elon Musk’s brain-computer interface company, Neuralink, raised $280 million. The financing round was led by Founders Fund, the venture capital firm of billionaire Peter Thiel.
  2. In February, ShiftMed, a digital health-based staffing company, raised $200 million in a financing round led by Panoramic Ventures.
  3. In April, Arcadia, a healthcare data analytics company, received a $125 million investment from Vista Credit Partners. 
  4. In April, medtech company MedShift received a $108 million investment.
  5. In March, Artera, a company using artificial intelligence to test for cancer, raised $90 million in a financing round that saw participation from Johnson & Johnson Innovation and Salesforce CEO Marc Benioff.

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