Healthtech funding in H1 2024

European Healthtech startup funding raised during H1 2024.

In H1 2024, 222 European Healthtech companies raised a combined €2.3B across 223 funding rounds, down 22.6% versus H1 2023. UK led by capital raised, and The Future of Health Grant (FoHG) program was the most active investor. Data as of 9 Jul 2026.

Total funding

€2.3B

-22.6% vs H1 2023

Funding rounds

223

-27.8% vs H1 2023

Companies

222

Top country

Rank among sectors

4.6% of sector funding

Debt financing

€43M

1.9% of total

Top-10 round share

45.3%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Stage mix

by € raised

Top deals

largest disclosed rounds in H1 2024

Company	Stage	Date	Amount
Bicycle Therapeutics	Other	May 2024	€512M
MMI	Series C	Feb 2024	€102M
iOnctura	Series B	Jun 2024	€80M
Timeline	Series D+	Jan 2024

View all 223 Healthtech deals in H1 2024 →

Top investors

most active in H1 2024, by deal count

The Future of Health Grant (FoHG) program8 deals
Innovate UK6 deals
Mercia Ventures5 deals
Elaia4 deals
Octopus Ventures4 deals
Venture Kick4 deals
Bpifrance3 deals
Eos Advisory3 deals
Existing Shareholders3 deals
Heartfelt3 deals

← All 2024 Healthtech funding

Calypso Biotech	Acquisition	Jan 2024	€425M
Sonio	Acquisition	May 2024	€86M
Apotea	Acquisition	Jan 2024	€12M