Capital Funding for Diagnostic Ultrasound Companies Normalises After 2018 Spike

Mustafa Hassan Ph.D headshot
Mustafa Hassan Ph.D
Published: March 4, 2020 In The News

27th February 2020 – Written by Mustafa Hassan – Featured on HealthTech Hotspot – Capital investment in diagnostic ultrasound companies reached a record breaking $390 million in 2018. This was due to the $250 million Series D funding raised by Butterfly Network and the $73 million pre-turn Series A funding raised by Aisono. This trend did not continue in 2019 and funding returned to pre-2018 levels, with 26 deals worth a combined $136 million.