To back, or back away from, digital health?

Accelerated by the Covid pandemic, when telehealth and disease management apps came into their own, digital health is sparking great interest from venture funders. Some, like HLM Ventures, specialise in digital health, attracted by the speed of development and lower regulatory risk versus conventional devices.

But not all VCs have been won over to the digital world. France’s Truffle Capital eschews this space entirely, solely backing developers of implanted medical devices. Intriguingly, though these two investors have taken opposing stances, their understanding of the advantages and disadvantages of the digital world align perfectly.