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October 14, 2022 02:38 PM

Amid declining venture-capital activity, investors flock to healthcare

Of the 10 largest VC deals in Illinois during the third quarter, seven were with health care companies, new data shows.

Crain's Chicago Business
Katherine Davis
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    Amid waning venture-capital activity in Illinois and across the country this year as macroeconomic conditions deter investors from cutting checks to startup companies, health care businesses appear to be attracting the most investor interest.

    Of the 10 largest VC deals in Illinois during the third quarter, seven were with health care companies that spanned across pharmaceutical, medical device and health care services subsectors, according to new data from PitchBook and the National Venture Capital Association.

    Read the rest of this article at our sister publication, Crain's Chicago Business

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