Analysis

April 26, 2023

European healthtechs chasing US expansion face fierce competition and a funding crunch

The promised land for healthtechs is now a trickier nut to crack


The US market has long been the holy grail for European healthtechs looking to go global.

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Peppy cofounders Evan Harris, Mridula Pore and Max Landry
Peppy founder Mridula Pore (centre) with cofounders Evan Harris and Max Landry
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Shamik Parekh, investor at Octopus Ventures
Shamik Parekh, investor at Octopus Ventures
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Picture of Petter Aasa, cofounder of digital therapeutics startup Vitala Health.
Petter Aasa, cofounder and CEO of Vitala Health
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Florian Semler, cofounder and CEO at Formel Skin
Florian Semler, cofounder and CEO at Formel Skin
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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