OrbiMed Advisors

Devices & Diagnostics

Main reason startups get rejected by venture capital: “Crappy teams”

The biggest reason startups get turned down by venture capital? They’ve got “crappy teams,” said Peter Thompson, a private equity partner at OrbiMed – one of the largest healthcare investment firms in the country. Thompson spoke with some candor at a recent Q&A sponsored by J-Labs San Diego. Here’s what he said, edited for clarity: What’s the biggest reason venture […]

Devices & Diagnostics

GE invests in Afib market, helps minimally invasive imaging and mapping startup close $28M Series B round

The growing A-fib market continues to gain the attention of the major players this week: GE Ventures helped Acutus Medical to close a $28 million Series B round. The San Diego-based startup is working to develop a minimally invasive, real-time 3-D Cardiac Chamber Imaging and Dipole Density Mapping system. This technology could help physicians locate […]

Devices & Diagnostics

These are the most active VCs in healthcare since 2012

As investments in life science companies have dipped over the past few years, some investors have scaled back investments or walked away from the sector all together. But based on a tally by investment research firm PitchBook in its 2013 Venture Capital Healthcare Report, several firms have made 10 or more investments in pharmaceutical, medical […]