Venture capital funding for Diagnostics on the rise

Since 2016, the number of venture capital deals and the total deal volume per year have significantly increased in the Diagnostics sector. In Europe, the deal volume doubled, while the number of deals rose by ~1.4 times. By comparison, the deal volume in the United States tripled while the number of deals remained relatively stable. Unsurprisingly, the 2020 deal volume in the U.S. significantly exceeds that in Europe, by 7.4 times to be precise.  

 Another interesting development is the nearly doubled deal volume in the U.S. between 2019 and 2020 while the number of deals only increased by 2 deals. This is mainly driven by larger deals closed in 2020, for example the EUR 227m Series B round of Thrive Earlier Detection or the EUR 155m Series C round of Genalyte.

About FCF Life Sciences

FCF Life Sciences advises leading healthcare companies in Europe on financing transactions (equity, debt, and licensing) with regional and international investors. Our team consists of science-driven industry and finance experts with a strong track record in managing financing processes. We thrive to maximize the efficiency in the fundraising process and increase its closing probability.

Learn more about FCF Life Sciences, click here.

We closely track the activity in the financial markets and are passionate about capital markets research. Not every idea or research question make it into the final selection for our publications. However, we generate interesting information on financing trends in Life Sciences sector, which we would like to share in our blog.

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