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Medical Alley Association serves the individuals and organizations that comprise Minnesota's health industry by influencing policy, fostering connections and providing critical intelligence to improve the quality of health around the world.

Medical Alley Association serves the individuals and organizations that comprise Minnesota's health industry by influencing policy, fostering connections and providing critical intelligence to improve the quality of health around the world.

Quarterly Investment Report: $52.5M raised in Q1 2016

$52.5 raised in Q1 2016

 

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  • Q1 2016 was 16% higher than Q1 2015 ($45M)
  • On average, Q1 accounts for 16% of the total annual raise
  • Raises include:
    • Minnetronix ($20M)

    • Embomedics ($4.3M)


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29 Companies Raise Funds In Q1 2016

 

  • 21% more companies raised money in Q1 2016 than Q1 2015 (24)

 

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Diversity of Investments Increasing

 

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  • Ten Digital Health companies have raised money in 2016, followed by seven in Med Tech. Pharma-Bio had 5, Diagnostics 3 and Pharma Bio and Research Tools each had 2.
  • Med tech consistently responsible for at least 55% of dollars raised by health technology companies.
  • Pharmaceutical and Biologics shows impressive growth in both investment size and number of companies receiving investments.
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Digital Health Deal Size Up

 

  • Digital Health’s median Q1 raise rose 700% from Q1 2015 ($50k).
  • The median raise has trended higher with Q1 2016 being 53% higher than 2015 ($428k) and 102% higher than Q1 2014’s median raise ($323).
  • On average, Q1 2016 is 105% higher than previous Q1’s.

Digital Health Continues Positive Growth

 

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  • From Q2 2015 to Q1 2016, digital health companies raised $74.1M, the most ever in a four quarter period.
  • Med tech companies earned $299M during the same time period.
  • Major Digital Health raises during this time include Gravie ($13.5M, Q2 2015, Q1 2016), Novu ($20M, Q2 2015).

Q1 2016: Increased % of Midlevel Deals

 

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  • Seven of the 29 companies (24%) raised between $1M and $3M in Q1, the highest in at least five years.

Report Your Investment


Although we monitor a variety of sources for investment activity, we believe there is more to capture.

Please help us by reporting your company’s fundraising events as they happen.

Anything shared with us is confidential and will be deidentified before being incorporated into aggregate data for our reports.

To share information, please contact Cheryl Matter, PhD, VP of Intelligence & Research, at cmatter@medicalalley.org or 952.746.3817

Investment data was collected from a variety of sources including:

Minnesota Angel Investment Tax Credit program | SEC filings | Company press releases
News publications| Company Reporting | Evaluate MedTech | CB Insights

Duplicate data has been removed to arrive at the investment numbers.

While most data is available in public sources, Medical Alley Association does not release the list of companies that have raised money unless an individual firm has first made its own public announcement.

For this report, the health technology is defined as medical device, pharmaceutical, biotechnology, diagnostic, and digital health technologies.