This roundup will be published monthly. It is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive. Several major fundraising announcements in the payer/employer space were announced this month. Here is a list of some of the biggest funding rounds: HiLabs raises $39 million
In India, Tier-II and Tier-III cities are often overlooked for building businesses but the trend is changing as investors are shifting their interest towards small-town startups. These small cities which hold abundant potential for entrepreneurship, approximately account for 37% of the country’s gross domestic product. The latest report by Primus Partners, quoted by Forbes, revealed
Goldman Sachs Asset Management has expanded to biotech investments in recent years. The investment firm is now preparing to ramp up its investment activity in the sector with a new $650 fund, its first one dedicated to the life sciences. Goldman on Wednesday announced the final close of the new fund, called West Street Life
The healthcare sector’s share of the global private equity and venture capital deal count is likely to continue decreasing in 2024, according to a new Pitchbook report. Healthcare’s share of the global private equity deal count reached its peak in 2020 at 13.7%. This year, it fell to 10.8%, its lowest level since 2015. The