Global digital health VC funding reaches $7.2b in 2019

Global Venture Capital (VC) funding, including venture capital, private equity, and corporate venture capital, for digital health companies in the first 9 months of 2019 fell 10% year-on-year (YoY) with funds worth $7.2 billion raised for 474 deals compared with $8 billion for 556 deals in the same period last year, according to communications and research firm Mercom Capital Group’s report. The report details funding and mergers and acquisitions (M&A) activity for digital health (Healthcare Information Technology) sector for the third quarter (Q3) and first nine months (9M) of 2019.