Financial

Medical start-up fundraising soars 28% in 2014 so far — 5 quick facts

Written by  Laura Dyrda

So far in 2014, medical startups have raised $300 million, according to a Twin Cities Business report, with a bulk of the fundraising happening in the third quarter.

The healthcare industry is ripe with opportunity — from medical devices that produce better outcomes and lower costs to IT infrastructure that can help providers communicate better — and many companies are raising big bucks to fund their projects. Here are five quick facts about the medical start-up company fundraising, based on a LifeScience Alley analysis reported in TCB:

 

•    18 companies raised $113.6 million in the third quarter
•    79 Minnesota medical companies raised $300 million

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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