The current state of  Biotech & Medical investments indicates that fundings have slowed down. Despite this, cumulative sum of Biotech investments are only second to fintech. Biotech has reached this spot through an astonishing $8.74B in cumulative investment and 134 funded companies. Healthcare investments are on the fifth place, with only $1.46B in cumulative investment and 86 companies funded.

Despite not having as much traction as last year, the Biotech & Healthcare sectors should not be discouraged. Continued strong innovation from both of these sectors will only result in successEurope is a great example. The European startups & companies that focus on the biotech & medical sectors continue to be true scientific powerhouses.

https://lab.interface-design.co.uk/200-biotech-healthtech-funds-of-2023-the-complete-list-ff82a9535633

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