In January 2020, Octopus Ventures, one of the largest early stage investors in Europe and backers of mental-health-tech company Big Health, published results of new research showing that in 2019, VC investment in mental health technology reached £580 million ($750 million). Their study utilised the latest data from Pitchbook, covering 1,541 companies, 3,779 deals and 3,859 investors to detail an increase in global funding from £120 million ($156 million) in the last six years, with annual deals more than tripling (30 to 105 in 2019).
