19 Top Medical Devices Investors in DACH
19 Top Medical Devices Investors in DACH
The medical devices industry in DACH is characterized by rapid innovation and significant investment. Companies range from startups developing cutting-edge diagnostic tools to well-established firms offering life-saving surgical devices. Notably, the sector is gravitating towards digital health solutions, integrating technology into traditional medical practices. Growth is seen in wearable devices and telemedicine, reflecting a shift toward patient-centered care. With a strong emphasis on research and development, this industry anticipates increasing demand for minimally invasive procedures and improved healthcare outcomes, positioning itself for sustained evolution and influence in global health markets.
The DACH region fosters a robust community of medical devices investors, including acclaimed venture capital firms and corporate entities. Most are headquartered across Germany and Switzerland, with diverse sizes from small teams to large corporations. Established between 1993 and 2015, these investors have shown remarkable commitment, with investment counts reaching double digits in 2024. With over 25 investments made by some firms, the variety showcases remarkable engagement in the medical devices domain, promoting advancements across the board for future technologies and medical solutions.
Top 19 Medical Devices Investors in DACH
1. Novartis Venture Fund
- Website: nvfund.com
- Type: Venture Capital
- Headquarters: Basel, Basel, Switzerland
- Founded year: 1996
- Headcount: 11-50
- Number of deals in 2024: 10
The Novartis Venture Fund is a venture capital firm based in Basel, Switzerland, specializing in life sciences investments. Founded in 1996, the fund focuses on providing funding and support to innovative biotechnology and biopharmaceutical companies, helping them develop novel therapeutics and address unmet patient needs. Notably, the fund has also invested in medical device companies, such as Ablation Frontiers, which raised $21.8 million in a Series C financing round to support its investigational device exemption (IDE) clinical trial in the United States. Additionally, the fund participated in funding rounds for Myopowers Medical Technologies, which is preparing for clinical trials to obtain CE mark in Europe. These transactions highlight the fund's commitment to advancing medical technologies alongside its core focus on life sciences.
2. HBM Healthcare Investments AG
- Website: hbmhealthcare.com
- Type: Venture Capital
- Headquarters: Zug, Zug, Switzerland
- Founded year: 2001
- Headcount: 1001-5000
- Number of deals in 2024: 8
- LinkedIn: hbm-healthcare-investments-ag
HBM Healthcare Investments AG is an investment company based in Zug, Switzerland, founded in 2001. It specializes in the healthcare sector, managing a diversified portfolio that includes human medicine, biotechnology, medical technology, and diagnostics. The firm is focused on providing growth opportunities in the rapidly evolving healthcare market. Notably, HBM Healthcare Investments has been involved in several funding rounds for Vascular Dynamics, a medical device company. Their investments include a $20 million equity financing round in July 2022, a Series D funding round in May 2022, and multiple convertible note transactions in 2019, totaling nearly $1.6 million. These transactions highlight HBM's active role in the medical devices space, reinforcing their relevance as an investor in this industry.
3. Novartis
- Website: novartis.com
- Type: Corporate
- Headquarters: Basel, Basel, Switzerland
- Founded year: 1996
- Headcount: 10001+
- Number of deals in 2024: 7
- LinkedIn: novartis
Novartis AG is a leading pharmaceutical company based in Basel, Switzerland, founded in 1996. The company is dedicated to developing and manufacturing innovative medicines aimed at addressing serious diseases across various therapeutic areas. Novartis emphasizes research and development to enhance patient outcomes globally. Notably, Novartis has made significant investments in the medical devices sector, including the acquisition of Alcon in December 2010 for $12.9 billion, which specializes in eye care products and surgical devices. Additionally, Novartis participated in a Series D financing round for Autonomic Technologies, which raised $38 million and focuses on medical devices for chronic conditions. These transactions highlight Novartis's commitment to expanding its portfolio to include medical devices, making it a relevant player in this industry.
4. Verve Ventures
- Website: verve.vc
- Type: Venture Capital
- Headquarters: Zurich, Zurich, Switzerland
- Founded year: 2010
- Headcount: 11-50
- Number of deals in 2024: 25
- LinkedIn: investiere-venture-capital
Verve Ventures is a venture capital firm based in Zurich, Switzerland, founded in 2010. The firm specializes in deep tech investments across Europe, providing funding and strategic support to science and technology startups. Their investment focus includes sectors such as climate tech, industrial technology, and health & bio. Notably, Verve Ventures has been involved in several significant transactions in the medical devices space, including Hylomorph, which raised multiple rounds of funding (Series A and B) to support its clinical development program, and Piomic Medical, which closed an oversubscribed Series A round to advance its innovative solutions in diabetes care. These investments highlight Verve Ventures' active role in fostering growth within the medical devices industry.
5. Bayern Kapital
- Website: bayernkapital.de
- Type: Venture Capital
- Headquarters: Landshut, Bavaria, Germany
- Founded year: 1995
- Headcount: 11-50
- Number of deals in 2024: 27
- LinkedIn: bayern-kapital-gmbh
Bayern Kapital is a venture capital firm based in Landshut, Bavaria, Germany, founded in 1995. The firm specializes in providing investment and growth capital to innovative high-tech startups and scale-ups in Bavaria, with a focus on sectors such as life sciences and software. In recent years, Bayern Kapital has been involved in several notable transactions in the medical devices space, including a significant investment in LUMA Vision, a company specializing in 4D cardiac imaging, which secured $22 million in Series A3 financing with Bayern Kapital as a new investor. Additionally, they have supported GME Medical Engineering, which has raised funds to expand its medical product portfolio. These investments highlight Bayern Kapital's engagement in the medical devices sector, alongside their broader focus on high-tech industries.
6. Wellington Partners
- Website: wellington-partners.com
- Type: Venture Capital
- Headquarters: Munich, Bavaria, Germany
- Founded year: 1998
- Headcount: 11-50
- Number of deals in 2024: 9
- LinkedIn: wellington-partners
Wellington Partners is a Munich-based venture capital firm founded in 1998, specializing in life sciences investments. The firm focuses on early- and growth-stage companies, providing both capital and strategic support to entrepreneurs. Wellington Partners has a notable track record in the medical devices sector, exemplified by their involvement in multiple funding rounds for Quanta, a MedTech company known for its innovative dialysis solutions. They participated in Quanta's Series A, B, C, and D funding rounds, showcasing their long-term commitment to supporting the development of breakthrough technologies in the medical devices space. Additionally, they have invested in UroMems, further solidifying their presence in the medical devices industry. Their expertise and active engagement in this sector make them a significant player in the medical devices investment landscape.
7. Nextech Invest
- Website: nextechinvest.com
- Type: Venture Capital
- Headquarters: Zurich, Zurich, Switzerland
- Founded year: 1998
- Headcount: 11-50
- Number of deals in 2024: 13
- LinkedIn: nextech-invest-ltd.
Nextech Invest is a venture capital firm based in Zurich, Switzerland, founded in 1998. The firm specializes in biotechnology, particularly in cancer therapeutics, and provides strategic support to drug discovery firms. In recent years, Nextech Invest has participated in several significant funding rounds, including investments in ImaginAb, an immuno-oncology imaging company, where they contributed to both a Series B funding round of $21 million in 2014 and an additional $8 million in equity funding in 2017. These investments highlight their engagement in the medical technology space, particularly in imaging technologies that are crucial for cancer diagnostics and treatment. Additionally, Nextech Invest has been involved in funding Circle Pharma, which focuses on precision oncology, further demonstrating their commitment to advancing technologies that intersect with medical devices.
8. SHS Capital
- Website: shs-capital.eu
- Type: Venture Capital
- Headquarters: Germany
- Founded year: 1993
- Headcount: 11-50
- Number of deals in 2024: 2
- LinkedIn: shs-gesellschaft-fuer-beteiligungsmanagement-mbh
SHS Capital, officially known as SHS Gesellschaft für Beteiligungsmanagement mbH, is a private equity firm based in Germany, founded in 1993. The firm specializes in healthcare investments, focusing on providing capital and strategic support to fast-growing healthcare companies. Their investment strategy is aimed at helping these companies scale and succeed in the market. Notably, SHS Capital has been involved in several significant transactions in the medical devices sector, including the acquisition of Spiegelberg and SIS-Schwager Group, both of which are relevant to medical technology. Additionally, they have participated in funding rounds for Miracor Medical, a company known for its innovative PiCSO impulse system, demonstrating their active role in supporting medical device development and commercialization.
9. Boehringer Ingelheim Venture Fund
- Website: boehringer-ingelheim-venture.com
- Type: Venture Capital
- Headquarters: Ingelheim Am Rhein, Rhineland-Palatinate, Germany
- Founded year: 2010
- Headcount: 11-50
- Number of deals in 2024: 5
Boehringer Ingelheim Venture Fund is a venture capital firm founded in 2010, based in Ingelheim Am Rhein, Rhineland-Palatinate, Germany. The fund specializes in investing in pioneering science and biotechnology innovations, particularly within the healthcare sector. It supports startups by providing both capital and expertise to help them develop and commercialize their products. Among its notable transactions, the fund has invested in Brainomix, which focuses on AI-enabled imaging solutions for stroke and other therapeutic areas, and Bodyport, which is developing sensitive sensor technologies integrated into a bathroom scale to detect and manage heart disease. These investments reflect the fund's commitment to advancing medical technology and improving patient outcomes in the healthcare industry.
10. Leaps by Bayer
- Website: leaps.bayer.com
- Type: Venture Capital
- Headquarters: Berlin, Berlin, Germany
- Founded year: 2015
- Headcount: 11-50
- Number of deals in 2024: 16
- LinkedIn: leapsbybayer
Leaps by Bayer is a venture capital investment firm based in Berlin, Germany, founded in 2015. The firm focuses on biotechnology and agriculture, investing in early-stage companies that are pursuing scientific breakthroughs to tackle significant global challenges in health and food security. Leaps by Bayer provides funding and active incubation to support the development of innovative solutions in these sectors. Notably, they have participated in several transactions relevant to the medical devices context, such as leading a Series A financing round for Cellino Biotech, which is working on autonomous cell therapy manufacturing, and investing in Zerigo Health, a company that specializes in connected skin therapy. Their portfolio also includes investments in companies like Edifice Health, which aims to reinvent immune health, and Mozart Therapeutics, which is developing treatments for celiac disease. These investments reflect Leaps by Bayer's commitment to advancing healthcare technologies, including those that may fall under the medical devices category.
11. BiomedVC
- Website: biomedvc.com
- Type: Venture Capital
- Headquarters: Basel, Basel, Switzerland
- Founded year: 2003
- Headcount: 1-10
- Number of deals in 2024: 2
- LinkedIn: biomedvc
BioMedVC is a venture capital firm based in Basel, Switzerland, founded in 2003. The firm specializes in early-stage investments in the life sciences sector, focusing on supporting biotech startups by providing capital and strategic guidance to help them develop innovative medical solutions. Notably, BiomedVC has been involved in several significant transactions in the medical devices space. For instance, they participated in multiple funding rounds for Miracor Medical, which raised funds in Series B, C, and D rounds to support the development and commercialization of its PiCSO impulse system, a medical device aimed at improving cardiac care. Additionally, BiomedVC was involved in the Series B and C financing rounds for TRiCares, a company that is working on medical solutions requiring product development and clinical trials. These transactions highlight BiomedVC's active role in the medical devices industry, making them a relevant investor in this field.
12. HBM Partners AG
- Website: hbmpartners.com
- Type: Venture Capital
- Headquarters: Zug, Zug, Switzerland
- Founded year: 2001
- Headcount: 11-50
- LinkedIn: hbm-partners-ag
HBM Partners AG is an investment management firm based in Zug, Switzerland, founded in 2001. The firm specializes in healthcare investments, focusing on venture, growth, and buy-out financing for private companies, as well as public company investments in the biopharma, medtech, diagnostics, and healthcare sectors. HBM Partners serves institutional and professional clients, providing capital and strategic support to enhance value creation. Notable transactions in the medical devices context include their investment in Vascular Dynamics during a Series D funding round in May 2022, and a convertible note investment in Shape Memory Medical in April 2023, which raised $600,000. Additionally, they have invested in Genalyte, which raised $13 million in a Series C round in March 2023. These transactions highlight HBM Partners' active role in the medical devices industry.
13. Sictic
- Website: sictic.ch
- Type: Venture Capital
- Headquarters: Zurich, Zurich, Switzerland
- Founded year: 2014
- Headcount: 201-500
- Number of deals in 2024: 77
- LinkedIn: sictic
SICTIC is a not-for-profit organization based in Zurich, Switzerland, that connects smart money investors with innovative Swiss early-stage technology startups. Founded in 2014, SICTIC provides investment opportunities, networking events, and educational resources to facilitate the growth of startups and the investment community. Among their notable transactions, SICTIC has invested in CorFlow Therapeutics, which raised $48,489,444 in a Series B round in September 2024, focusing on medical technologies. Additionally, they participated in the funding of machineMD, which is involved in medical device development, showcasing their commitment to the medical devices sector. Other investments include Aison Technologies and Nahtlos, although these are less directly related to medical devices. Overall, SICTIC's portfolio reflects a growing interest in the medical devices industry alongside their broader technology investment strategy.
14. Earlybird Venture Capital
- Website: earlybird.com
- Type: Venture Capital
- Headquarters: Germany
- Founded year: 1997
- Headcount: 51-200
- Number of deals in 2024: 29
- LinkedIn: earlybird-venture-capital
Earlybird Venture Capital is a venture capital firm based in Germany, founded in 1997, that specializes in investing in European technology innovators. With a focus on early-stage companies, they provide financial resources and strategic support, particularly in the digital health and deep tech sectors. Earlybird has been involved in several significant transactions in the medical devices space, including a recent investment in Argá Medtech, which raised €54 million to develop its Coherent Sine-Burst Electroporation pulsed field ablation system for treating cardiac arrhythmias. They have also invested in Miracor Medical, which has raised multiple funding rounds to support its innovative medical systems aimed at improving cardiac care. This combination of technology and healthcare investment positions Earlybird as a key player in the medical devices industry.
15. Calm/Storm
- Website: calmstorm.vc
- Type: Venture Capital
- Headquarters: Vienna, Vienna, Austria
- Founded year: 2020
- Headcount: 1-10
- Number of deals in 2024: 13
- LinkedIn: calm-storm
Calm/Storm Ventures is a venture capital firm based in Vienna, Austria, founded in 2020. The firm specializes in early-stage investments in health tech startups, focusing on purpose-driven founders and providing capital, support, and networking opportunities to help these companies succeed in the competitive health tech landscape. Their portfolio includes diverse teams addressing sensitive health issues. Notably, Calm/Storm has participated in several relevant transactions, including ThinkSono, which raised over $2.6 million in seed funding in 2024 and previously in 2020, and Visible, a startup tackling long Covid and chronic conditions through wearable technology, which received pre-seed funding. These investments highlight Calm/Storm's active role in the medical devices and health tech sectors, reinforcing their commitment to advancing health solutions.
16. Roche
- Website: roche.com
- Type: Corporate
- Headquarters: Switzerland
- Founded year: 1896
- Headcount: 10001+
- Number of deals in 2024: 5
- LinkedIn: roche
F. Hoffmann-La Roche AG is a healthcare company based in Switzerland, specializing in pharmaceuticals and diagnostics. Founded in 1896, Roche develops innovative solutions for various health conditions, particularly in cancer treatments and in-vitro diagnostics. The company aims to improve health outcomes through its comprehensive offerings, serving healthcare providers, patients, and laboratories. In recent years, Roche has made significant acquisitions to bolster its diagnostics capabilities, including the acquisition of GeneWEAVE BioSciences for $190 million, aimed at enhancing microbiology diagnostics. Additionally, Roche acquired Signature Diagnostics GmbH to strengthen its molecular diagnosis business. These strategic moves highlight Roche's commitment to advancing medical technologies and its active role in the medical devices industry.
17. b2venture
- Website: b2venture.vc
- Type: Venture Capital
- Headquarters: St. Gallen, St. Gallen, Switzerland
- Founded year: 2000
- Headcount: 11-50
- Number of deals in 2024: 15
- LinkedIn: btovpartners
b2venture is a venture capital firm based in St. Gallen, Switzerland, founded in 2000. The firm specializes in early-stage investments in innovative startups across various sectors, providing financial backing and support to entrepreneurs. They collaborate with a community of angel investors, enhancing their investment strategy and positioning them as a key player in the European venture capital landscape. Notably, b2venture has been involved in significant transactions within the medical devices sector, particularly with Quanta, a British MedTech company. Quanta has raised substantial funding through multiple rounds, including a record-breaking £175 million in Series D funding, aimed at scaling their dialysis care solutions globally. Their continued investment in Quanta through Series E and previous rounds highlights b2venture's active role in the medical devices industry, particularly in supporting innovative healthcare solutions.
18. Endeavour Vision
- Website: endeavourvision.com
- Type: Venture Capital
- Headquarters: Geneva, Geneva, Switzerland
- Founded year: 2000
- Headcount: 11-50
- Number of deals in 2024: 2
- LinkedIn: vision-capital
Endeavour Vision is a venture capital firm based in Geneva, Switzerland, founded in 2000. The firm specializes in healthcare technology and provides investment and strategic guidance to healthcare innovators. Endeavour Vision has been actively involved in funding transformative technologies aimed at improving patient care and modernizing healthcare systems. Notably, they have participated in several key transactions in the medical devices sector, including a $98 million Series C funding for V-Wave, which is developing a device for treating advanced heart failure. They also invested in VertiFlex, a company focused on minimally invasive interventions for spinal stenosis, and Nuvaira, which is working on a lung denervation system. These transactions highlight Endeavour Vision's commitment to advancing medical device technologies.
19. Debiopharm
- Website: debiopharm.com
- Type: Venture Capital
- Headquarters: Lausanne, Vaud, Switzerland
- Founded year: 1979
- Headcount: 201-500
- Number of deals in 2024: 4
- LinkedIn: debiopharminternational
Debiopharm is a biopharmaceutical company based in Lausanne, Vaud, Switzerland, founded in 1979. The firm specializes in the development and manufacturing of innovative therapies for cancer and infectious diseases, partnering with academic and pharmaceutical institutions to bridge the gap between drug discovery and patient access. In recent years, Debiopharm has expanded its investment portfolio to include companies in the medical devices sector. Notable transactions include a €10 million Series A funding round for Oncomfort, which is developing a Digital Sedation solution, and a €4.4 million Series A financing for Kaiku Health, which provides intelligent patient monitoring software. Additionally, Debiopharm led a financing round for Immunexpress, focusing on sepsis diagnostic products. These investments highlight Debiopharm's commitment to addressing high unmet medical needs through innovative healthcare solutions.
Medical Devices Insights: Key Investors in DACH
Investor | Headquarter | Size | Founded | Deals 2024 |
---|---|---|---|---|
Novartis Venture Fund | Basel, Basel, Switzerland | 11-50 | 1996 | 10 |
HBM Healthcare Investments AG | Zug, Zug, Switzerland | 1001-5000 | 2001 | 8 |
Novartis | Basel, Basel, Switzerland | 10001+ | 1996 | 7 |
Verve Ventures | Zurich, Zurich, Switzerland | 11-50 | 2010 | 25 |
Bayern Kapital | Landshut, Bavaria, Germany | 11-50 | 1995 | 27 |
Wellington Partners | Munich, Bavaria, Germany | 11-50 | 1998 | 9 |
Nextech Invest | Zurich, Zurich, Switzerland | 11-50 | 1998 | 13 |
SHS Capital | Germany | 11-50 | 1993 | 2 |
Boehringer Ingelheim Venture Fund | Ingelheim Am Rhein, Rhineland-Palatinate, Germany | 11-50 | 2010 | 5 |
Leaps by Bayer | Berlin, Berlin, Germany | 11-50 | 2015 | 16 |
BiomedVC | Basel, Basel, Switzerland | 1-10 | 2003 | 2 |
HBM Partners AG | Zug, Zug, Switzerland | 11-50 | 2001 | 0 |
Sictic | Zurich, Zurich, Switzerland | 201-500 | 2014 | 77 |
Earlybird Venture Capital | Germany | 51-200 | 1997 | 29 |
Calm/Storm | Vienna, Vienna, Austria | 1-10 | 2020 | 13 |
Roche | Switzerland | 10001+ | 1896 | 5 |
b2venture | St. Gallen, St. Gallen, Switzerland | 11-50 | 2000 | 15 |
Endeavour Vision | Geneva, Geneva, Switzerland | 11-50 | 2000 | 2 |
Debiopharm | Lausanne, Vaud, Switzerland | 201-500 | 1979 | 4 |
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