Digital health funding hit another ground-breaking record in the first quarter of 2021, led by 25 “mega deals” that brought in more than $100m, according to digital health venture capital group Rock Health’s quarterly report. Digital funding reached $6.7bn in the first quarter, the most-funded quarter to date.
The top deals include telemedicine platform company Ro, which raised $500m in a series D round, Dispatch Health, artificial intelligence-powered drug discovery company Insitro, which pulled in $400m in a...