VC DEALS ANALYSIS: Lowest ebb yet but on trend
This article was originally published in Clinica
Executive Summary
August saw medtech VC deal activity hit its lowest levels in the year to date, with only 11 venture financings of $1m and over recorded last month and the total money raised barely surpassing $100m. While the figures might seem alarming, a look at the previous year’s VC activity levels shows that August – the traditional holiday month especially in Europe – already has form in being the driest month for raising venture capital (see Figure 1).