Top 6 investors in Central-Eastern Europe with the biggest sum of funding rounds in Business Development industry over the recent years
08 May, 2021
Luxembourg’s General Development Cooperation Strategy: The Road to 2030 highlights health as a key area for eradicating poverty. Luxembourg has pledged to improve access to safe and affordable health care with stronger domestic health systems.
Managed by Luxinnovation, the Luxembourg HealthTech Cluster aims is to promote the development of new and existing companies through innovation, thereby contributing to economic growth and job creation. The cluster also strives to capitalise on the country’s advanced digital expertise in order to stimulate the development and commercialisation of health technologies.
Also managed by Luxinnovation and initiated by the Luxembourg Ministry of Economy, Fit 4 Start acceleration programme, dedicated to high potential start-ups, included companies operating within HealthTech to its programme in 2018.
The government’s firm commitment to establishing Luxembourg as an attractive destination for health sciences research and innovation is backed by substantial public investment and a supportive business environment. The new incubator in the field of health technologies is expected to open in spring 2021 and become home to up to 10 companies of start-up and spin-off type.
From 2020 to 2022, Luxembourg is co-chairing the Special Programme for Research and Training in Tropical Diseases, a partnership hosted by World Health Organization (WHO). WHO and Luxembourg work together in key health areas including universal health coverage; reproductive, maternal, newborn, child and adolescent health; health emergencies; polio eradication; and tropical disease research.
The top 50 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Western Europe that have invested over the last 3 years. They are actively investing in Health Care and Health Diagnostics industries.
Amount of money raised in Health Care and Health Diagnostics funding rounds is $16.9B, which is 8.6% of the total amount of money raised in rounds in Western Europe over the last 3 years.