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AI Investment Accounted for Nearly Half of Healthcare Investment in 2025; Silicon Valley Bank Releases 17th Healthcare Investments and Exits Report

  • AI investment in healthcare reached over $18B in 2025, representing 46% of total healthcare spending.
  • Total healthcare sector investment fell 12% to $46.8B in 2025, down from a $68.3B peak in 2021.
  • Healthtech investments grew by 5.3% while device sector investments rose by 1.5%.
  • Biopharma investments declined by 19% and diagnostics/tools investments dropped by 33%.
  • Total venture capital deal counts decreased by 7% in 2025 amid a more selective funding environment.
  • Healthcare-focused venture capital firms raised $7B in new funds in 2025, a decrease from the $41B peak in 2021.
  • There were more healthcare AI deals exceeding $300M in 2025 than in any prior year, including the 2021 peak.
  • Deals valued at $300M+ accounted for 40% of total healthcare AI spending in 2025.
  • Founders are prioritizing companies with clinical validation, revenue traction, or capital-efficient models due to longer fundraising cycles.