Skip to content

European healthtechs chasing US expansion face fierce competition and a funding crunch – Sifted

European healthtechs chasing US expansion face fierce competition and a funding crunch – Sifted

The US market has long been the holy grail for European healthtechs looking to go global.Some of the biggest names in European healthtech — including telehealth provider Babylon, drug discovery company BenevolentAI and musculoskeletal health platform Sword Health — have gone west in the past few years, looking to tap into the world’s largest healthcare market, worth $4.3tn. Others, like Proximie and Unmind, also doubled down on the US after raising their Series B. But they’ve been met with mixed success. “The US is a very crowded healthcare market, and you really need to fight for customers. Building a team is more… 

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *