Silicon Valley Bank says investor confidence is high, which is speeding up the healthcare fundraising-to-exit cycle, freeing up more capital to invest. In a new report, it says that healthcare venture fundraising surged 56 percent last year, reaching its highest level since 2008.
Healthcare venture investment grew 30 percent and the number of IPOs doubled after a strong 2013, hitting a 10-year high. For the second consecutive year, the healthcare venture industry achieved above average PO and M&A exit activity with accompanying “substantial returns”, said the report.
SVB predicts continued “strong fundraising” and investment activity in healthcare ventures but IPO activity in 2015 will likely dip. This was its prognosis studying recent activity and trends. (Image source: SVB )