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Despite the tumultuous start to the year, early and growth stage companies in Medical Alley raised over $250 million, almost exactly the five-year average for the first half. Medical device companies in Medical Alley raised more than their counterparts anywhere else in the country. As the conversation around aging in place accelerates, Medical Alley is […]
MEDICAL ALLEY, Minn.–(BUSINESS WIRE)–Minnesota medical device startup Cryosa completed its Series A-2 funding, raising $8.25 million to further develop its breakthrough therapies for obstructive sleep apnea (OSA). The round was led by life sciences firm, Santé Ventures, and HOYA Corporation (“HOYA”), with additional institutional and individual investors. This latest funding round will be used to […]
Investment will accelerate growth of Central Logic’s solutions that enable health systems to orchestrate and navigate patient care to elevate outcomes. SANDY, Utah and MINNEAPOLIS, June 2, 2020 /PRNewswire/ — Central Logic, the healthcare industry’s innovator in patient orchestration and tools to accelerate access to care, has secured a strategic majority investment from Rubicon Technology Partners (“Rubicon”), a leading private equity […]
After a record-breaking year of investment in Medical Alley companies, early returns for 2020 demonstrate changes in the healthcare market. 2019 saw investments in digital health companies skyrocket, exceeding investments in medical device companies in Medical Alley for the first time. So far in 2020, medical device deals have returned to prominence, capturing over 85% […]
Medical Alley is the global epicenter of health innovation and care, where healthcare leaders call home. In Medical Alley, you will find the world’s leading health technology innovation cluster, the highest ranked hospital, and the globally recognized Destination Medical Center. Medical Alley is also home to more than 1,000 healthcare companies, employing more than 500,000 […]
Even with just a month of perspective, it’s abundantly clear that 2019 was a huge year for the Medical Alley startup ecosystem. The community as a whole raised more than $1 billion for the first time and Bright Health’s $635 million round at a $2.2 billion valuation broke the state’s record for the largest venture […]
By Walter Linder, Amy Judge-Prein, and Jonathan Zimmerman Investors in medtech companies are willing to take risks. However, they will expect their investment to be put to effective use with defined objectives, and their diligence will focus on identifying potential impediments to those objectives. Because momentum is important when seeking investment, it is critical that […]
Medical Alley is the global epicenter of health innovation and care. Companies that succeed here change the face of healthcare as we know it, building great businesses and powering Minnesota’s economy along the way. This ecosystem is more than just a cradle for early-stage companies or the sole domain of established market-leaders, it is a […]
New M Health Fairview Brand Launches Cantel Medical closes Hu-Friedy buy University of Minnesota to test cancer-fighting ‘natural killer’ cells The Many Faces of Value-Based Healthcare Ecolab buys Australia’s Gallay Medical & Scientific U.S. Department of Defense Awards $6 Million to Humanetics Corporation for Advanced Development of Radioprotectant Late-Breaking Data Shows Abbott’s MitraClip is Cost […]
2019 has not been a banner year for Minnesota’s M&A market. After a half-decade of record-setting activity, the local M&A scene has cooled significantly, with the lowest reported deal volume and dollar values since 2013. According to Pitchbook data, total deal count for Minnesota companies for the first half of 2019 was 35% lower than over […]