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Medical Devices industry venture financing deals total $1.2bn in US in November 2021

December 20, 2021

Total medical devices industry venture financing deals worth $1.2bn were announced in the US in November 2021, led by $180m venture financing of Owkin, according to GlobalData’s deals database.

The value marked a decrease of 36.7% over the previous month of $1.91bn and a drop of 11.03% when compared with the last 12-month average of $1.36bn.

The US held a 56.02% share of the global medical devices industry venture financing deal value that totalled $2.16bn in November 2021.

In terms of venture financing deal activity, the US recorded 52 deals during November 2021, marking an increase of 1.96% over the previous month and a drop of 22.39% over the 12-month average.