Silicon Valley Bank Advisor Predicts 2022 Will Be Year For Healthtech, Massive Consolidation

SVB health care advisor Jonathan Norris anticipates more consolidation in devices ahead with many mid-cap public companies looking to acquire innovative technologies to grow, and pushing the “big guys to have to figure out how to move faster.”

M&A
• Source: Alamy

After two years of record venture capital financing, US venture fundraising will slow down significantly in 2022, according to Jonathan Norris, managing director for business development in Silicon Valley Bank’s Healthcare Practice.

Funding will also drop in the fastest-growing healthtech subsectors, which include companies that provide technology used outside of a hospital or doctor’s office, Norris told attendees at the Sensors Summit...

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