Healthtech Startup: Navigating the Path to Funding

Healthcare technology startups continue to face funding challenges with a tighter funding cycle and smaller deal sizes. Once the darling of the sector, investments in digital health startups began to taper off in 2022 after hitting record highs in 2021. According to data from Galen Growth, global venture capital funding deployed for Q3 in 2023 for digital health declined to the lowest level since 2019. For biotech and medtech startups, the situation is exacerbated by the pandemic affecting their ability to run clinical studies, changes in EU MDR regulation and VC pullback. Despite the challenges, there has been a silver lining for Southeast Asia’s healthcare startups, with region-focused VCs and corporate ventures closing deals in the past 2 years.

Join us in a panel discussion with leading VCs and startup founders that have successfully raised funding recently as they provide insights on what it will take for healthcare startups to navigate financing through challenging times.