HSBC USA Inc.
07/17/2024 | Press release | Distributed by Public on 07/18/2024 16:36
Venture Healthcare Market Entering Important Phase as Companies Must Secure New Financing or Face Tough Consequences
17 July 2024
Venture Healthcare Market Entering Important Phase as Companies Must Secure New Financing or Face Tough Consequences
- 2023 was a year of triage as venture healthcare companies closed insider rounds and focused on existing portfolios, leading to a slower investment pace
- The first half of 2024 did have green shoots with increased investment across every sector, with more new investor-led financings, many at up-rounds
- Companies on dwindling on insider-round cash will need to find new lead investors or consider consolidation and/or shutdown