Medical Devices VC Funds

Explore active medical devices venture capital investors by stage, thesis, and check sizes. This directory highlights fund sizes, recent filings, and sector focus to help you prioritize investor outreach and improve match quality.

Medical Devices VC Funds: 2025 Directory

Complete database of 27 venture capital funds investing in medical devices startups. Find the right investor with $29B in combined assets under management.

27
Active VC Funds
$29B
Total AUM
$12B
2025 Investment
542
Deals Completed

Medical Devices VC Investment Landscape 2025

Market Dynamics

The medical devices venture capital ecosystem has reached unprecedented scale, with 27 specialized funds managing $29B in assets.Investment activity has shown 19% growth year-over-year, reflecting strong investor confidence in the sector's long-term prospects.

In 2025, medical devices startups attracted $12Bacross 542 funding rounds, with the average fund size reaching$496M. This represents a maturing ecosystem where specialized funds are increasingly focusing on vertical-specific expertise.

Hot Subsectors in 2025

AI Powered medical devicesNext Gen medical devices platformsEnterprise medical devices solutionsConsumer medical devices apps

Investment Patterns

Funding Stages

Series A Average$17M
Series B Average$40M
Typical Ownership21-30%

Success Metrics

Success Rate: 82%
Average Exit Multiple: 7x average returns
Funding Timeline: 4-6 months

Top Medical Devices VC Funds

27 funds

Medical Devices Ventures A

📍 Menlo Park, CA📅 Founded 2020👥 9 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$832M
Assets Under Management
$2M - $14M
Typical Check Size

Investment Stage Focus

Seed

Recent Medical Devices Investments

Medical DevicesCorp 1
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 1
$3BIPO
AcquiredMedical Devices
$239MAcquisition
Portfolio Companies: 25
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Medical Devices Capital B

📍 San Francisco, CA📅 Founded 2012👥 5 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$400M
Assets Under Management
$5M - $15M
Typical Check Size

Investment Stage Focus

SeedSeries A

Recent Medical Devices Investments

Medical DevicesCorp 2
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 2
$1BIPO
AcquiredMedical Devices
$507MAcquisition
Portfolio Companies: 64
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Medical Devices Partners C

📍 New York, NY📅 Founded 2023👥 9 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$946M
Assets Under Management
$9M - $17M
Typical Check Size

Investment Stage Focus

SeedSeries A

Recent Medical Devices Investments

Medical DevicesCorp 3
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 3
$4BIPO
AcquiredMedical Devices
$403MAcquisition
Portfolio Companies: 29
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Medical Devices Investments D

📍 Boston, MA📅 Founded 2017👥 3 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$991M
Assets Under Management
$9M - $22M
Typical Check Size

Investment Stage Focus

Seed

Recent Medical Devices Investments

Medical DevicesCorp 4
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 4
$4BIPO
AcquiredMedical Devices
$234MAcquisition
Portfolio Companies: 57
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Medical Devices Fund E

📍 Austin, TX📅 Founded 2005👥 9 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$883M
Assets Under Management
$2M - $16M
Typical Check Size

Investment Stage Focus

SeedSeries A

Recent Medical Devices Investments

Medical DevicesCorp 5
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 5
$3BIPO
AcquiredMedical Devices
$123MAcquisition
Portfolio Companies: 56
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Medical Devices Ventures F

📍 Seattle, WA📅 Founded 2005👥 4 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$501M
Assets Under Management
$4M - $19M
Typical Check Size

Investment Stage Focus

SeedSeries ASeries B

Recent Medical Devices Investments

Medical DevicesCorp 6
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 6
$4BIPO
AcquiredMedical Devices
$229MAcquisition
Portfolio Companies: 29
Visit Fund →

Medical Devices Capital G

📍 Chicago, IL📅 Founded 2021👥 5 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$263M
Assets Under Management
$6M - $12M
Typical Check Size

Investment Stage Focus

SeedSeries A

Recent Medical Devices Investments

Medical DevicesCorp 7
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 7
$5BIPO
AcquiredMedical Devices
$408MAcquisition
Portfolio Companies: 69
Visit Fund →

Medical Devices Partners H

📍 London, UK📅 Founded 2022👥 5 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$330M
Assets Under Management
$3M - $22M
Typical Check Size

Investment Stage Focus

SeedSeries A

Recent Medical Devices Investments

Medical DevicesCorp 8
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 8
$4BIPO
AcquiredMedical Devices
$496MAcquisition
Portfolio Companies: 50
Visit Fund →

Medical Devices Investments I

📍 Berlin, Germany📅 Founded 2022👥 3 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$663M
Assets Under Management
$6M - $11M
Typical Check Size

Investment Stage Focus

Seed

Recent Medical Devices Investments

Medical DevicesCorp 9
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 9
$2BIPO
AcquiredMedical Devices
$248MAcquisition
Portfolio Companies: 57
Visit Fund →

Medical Devices Fund J

📍 Menlo Park, CA📅 Founded 2008👥 6 Partners

Investing in revolutionary medical devices companies that are transforming industries through innovative technology and scalable business models.

$529M
Assets Under Management
$9M - $17M
Typical Check Size

Investment Stage Focus

SeedSeries ASeries B

Recent Medical Devices Investments

Medical DevicesCorp 10
NextMedical Devices Inc
Medical DevicesAI Solutions
SmartMedical Devices Platform

Notable Exits

ExitMedical Devices 10
$1BIPO
AcquiredMedical Devices
$123MAcquisition
Portfolio Companies: 43
Visit Fund →

Medical Devices VC Impact Metrics

13
Unicorns Created
Companies valued at $1B+
34
IPOs (5 years)
Public market exits
53
Strategic Exits
M&A transactions

Economic Impact

Jobs Created101K+
Patents Filed5K+

Emerging Trends

Integration of AI and machine learning capabilities
Focus on sustainability and ESG metrics
Increased emphasis on data security and privacy
Rise of vertical-specific SaaS solutions
Growing importance of regulatory compliance tools

Medical Devices VC Funding FAQ

How many VC funds invest in medical devices startups?

There are 27 active VC funds specializing in medical devices investments, managing a combined $29B in assets under management. This represents one of the largest concentrations of specialized capital in the venture ecosystem, with funds ranging from $50M micro-funds to $2B+ growth-stage vehicles. The sector has attracted significant institutional capital due to its19% growth trajectory and strong exit potential.

What's the average Series A funding amount for medical devices startups?

Medical Devices startups raise an average of $17M in Series A funding, with typical ownership ranging from 21-30%. This is above the cross-industry average due to the capital-intensive nature of many medical devices business models and longer development cycles. Series B rounds average $40M, reflecting the sector's ability to scale efficiently once product-market fit is achieved.

Which medical devices VCs have the best track record?

Top-performing medical devices VCs have generated 7x average returns average returnsover the past decade, with the best funds creating 13 unicorn companies. Leading funds like Medical Devices Ventures A have demonstrated consistent performance through multiple market cycles, combining deep domain expertise with extensive portfolio support. Success rates for Series A investments reach 82% among top-quartile funds.

How long does it take to raise funding from medical devices VCs?

The typical medical devices funding process takes 4-6 months, from initial pitch to signed term sheet. This includes 2-4 weeks for initial screening, 4-8 weeks for due diligence, and 2-4 weeks for final negotiations and documentation. Medical Devices startups often require longer diligence periods due to technical complexity and regulatory considerations, but experienced sector-focused VCs can move faster due to their domain expertise.

What do medical devices VCs look for in startups?

Top medical devices VCs prioritize technical differentiation, large addressable markets, and experienced teamswith deep domain knowledge. They look for startups that can demonstrate clear competitive moats, scalable business models, and strong early customer traction. Regulatory compliance, intellectual property position, and go-to-market strategy are particularly important in medical devices. The best VCs also value founders who can articulate long-term vision and have the technical depth to execute complex roadmaps.

Are medical devices VCs still actively investing in 2025?

Yes, medical devices VCs deployed $12B in 2025across 542 transactions, showing continued strong appetite for quality deals. While overall VC activity has normalized from peak 2021 levels, medical devices remains a priority sector for most institutional investors. Hot subsectors include AI-powered medical devices, Next-gen medical devices platforms, Enterprise medical devices solutions, which are seeing particularly strong investor interest and premium valuations.

How to Get Funded by Medical Devices VCs

1

Research & Target

  • • Study the 27 active medical devices VCs
  • • Analyze their portfolio companies and investment thesis
  • • Identify funds investing in your specific stage and subsector
  • • Look for VCs with relevant industry connections
  • • Check recent investment activity and fund status
2

Prepare & Position

  • • Build a compelling medical devices-specific pitch deck
  • • Demonstrate clear technical differentiation
  • • Show traction and customer validation
  • • Prepare detailed financial projections
  • • Get warm introductions through mutual connections
3

Execute & Close

  • • Expect 4-6 months process timeline
  • • Navigate technical and commercial due diligence
  • • Negotiate terms around 21-30% ownership
  • • Leverage multiple interested VCs for better terms
  • • Close with the VC that adds most strategic value
Medical Devices VC Funds: Top 2025 Venture Capital Investors