Medical Alley Startups Raised $1.4B in 2020 | Twin Cities Business
Digital health startups collected the lion’s share of VC money last year. 2020 wasn’t a great year for many companies, but it was a good time to be a medical startup. On Tuesday, med-tech trade group Medical Alley Association reported that its startups raised a record $1.4 billion in venture capital last year. Minneapolis-based health insurance startup Bright Health landed the biggest raise in 2020, securing an eye-popping $500 million in September. The second-largest raise last year went to Preventice Solutions, an Eagan-based medical device startup that raised $137 million in t...
Source: tcbmag.com