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Trends and Insights

2 Dec 2023

Medtech Funding Declines, Surgical Devices Sector Thrives

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VC funding for global medtech is projected to be lower than previous years. Despite the downtrend, surgical device companies raised the most within the sector at $4.7 billion. Significant funding rounds were noted in European surgical robotics startups, with UK's [CMR Surgica]( raising $165 million, Switzerland's DistalMotion $150 million, and France's [Moon Surgical]( $55.4 million. [Source](