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Medical Devices industry cross border venture financing deals total $1.1bn in North America in Q3 2022

January 11, 2023

Led by $100m venture financing of Kerecis ehf, total medical devices industry cross border venture financing deals worth $298.3m were announced in Europe in Q3 2022, according to GlobalData’s deals database.

The value marked a decrease of 37.3% over the previous quarter and a drop of 44.1% when compared with the last four-quarter average of $533.36m.

Europe held a 17.76% share of the global medical devices industry cross border venture financing deal value that totalled $1.68bn in Q3 2022. With a 5.95% share and deals worth $100m, Iceland was the top country in Europe’s cross border venture financing deal value across medical devices industry.

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