Science & Enterprise subscription

Follow us on Twitter

  • A group of 23 pharmaceutical companies are creating an investment fund to finance research and development of new d…
    about 14 hours ago
  • New post on Science and Enterprise: Pharma Companies Form $1B Antibiotics Fund #Science #Business
    about 14 hours ago
  • National Institutes of Health is organizing a collection of sites for late-stage clinical trials to test Covid-19 v…
    about 21 hours ago
  • New post on Science and Enterprise: NIH Opens Covid-19 Clinical Trial Network #Science #Business
    about 21 hours ago
  • From my former Science Careers colleagues ... ‘Disturbing and cruel.’ Universities blast new visa rule for internat…
    about 24 hours ago

Please share Science & Enterprise

Infographic – Q3 A.I. Health Investments Set Record

A.I. health care investments

Click on image for full-size view (CB Insights)

9 Nov. 2019. Venture capital funding for companies worldwide building artificial intelligence solutions in health care set new highs in the third quarter of 2019. These findings for our weekend infographic are part of a new report on global health care venture financing from technology intelligence company CB Insights (registration required).

The CB Insights report shows start-up companies developing A.I. systems for health care raised nearly $1.6 billion in venture investments in 103 separate deals from July through September 2019. Those numbers are sharp increases from the $926 million raised in 79 deals in the previous quarter, and the $749 million in 63 deals a year ago. However, about one-third of the $1.6 million raised in the last quarter can be traced to one deal: $550 million raised by mobile telemedicine company Babylon Health in London, led by Saudi Arabia’s public investment fund.

Other highlights from the report …

Health care start-ups raised about $12.5 billion in 1,090 deals in the third quarter of 2019, about the same levels as the first two quarters of the year, but declines from the $16.6 billion raised in 1,173 deals in the third quarter of 2018.

European health care companies received much more venture financing in the third quarter, raising $2.9 billion compared to $1.3 billion in the second quarter. North American companies received $7.6 billion in the third quarter, while Asian start-ups gained about $2 billion, both down somewhat from the second quarter.

While companies working in A.I. received record levels of venture funding, digital health start-ups overall did not fare as well. Companies developing digital health solutions raised $3.2 billion in 328 deals during the third quarter, down from $4.1 billion in 372 deals during the second quarter, and $5.3 billion in 389 deals a year ago.

More from Science & Enterprise:

*     *     *

Please share Science & Enterprise ...

1 comment to Infographic – Q3 A.I. Health Investments Set Record