# Incubators and accelerators backing Medical Devices (2026 list)

> 21 incubators and accelerators backing Medical Devices, 95% active in the last 12 months. Led by Y Combinator, Plug and Play, MassChallenge.

Source: https://millionrounds.com/lists/incubators-accelerators-medical-device (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Incubators and accelerators backing Medical Devices

Updated 7 November 2026

Incubators and accelerators we have observed in a medical Devices round in the last two years.

[See all 21 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-medical-device)The top 21

**21** investors on the list No change this week

**1,714** cheques in 12 months *-21%* against the market

**$3M** median round they joined *-62%* against the market median

**95%** wrote a cheque in 12 months

**57%** have led a round

## The Top 21

Ordered by cheques observed, never by anything anyone paid for

Deploying now (20)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 4 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 5 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen
- 6 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 7 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 8 [Venture Kick](https://millionrounds.com/fund/venture-kick) *Deploying now* Accelerator · Switzerland **329** **$2.1M** median round **Nov 2026** last seen
- 9 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen
- 10 [MedTech Innovator](https://millionrounds.com/fund/medtech-innovator) *Deploying now* Accelerator · United States **160** **$2.8M** median round **Sept 2026** last seen
- 11 [Business Finland](https://millionrounds.com/fund/business-finland) *Deploying now* Accelerator · Finland **153** **$2.3M** median round **Sept 2026** last seen
- 12 [South Park Commons](https://millionrounds.com/fund/south-park-commons) *Deploying now* Accelerator · United States **153** **$7.8M** median round **Nov 2026** last seen
- 13 [AGORANOV](https://millionrounds.com/fund/agoranov) *Deploying now* Accelerator · France **138** **$3M** median round **Jul 2026** last seen
- 14 [Luminate](https://millionrounds.com/fund/luminate-accelerator) *Deploying now* Accelerator · United States **127** **$5.3M** median round **Sept 2026** last seen
- 15 [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) *Deploying now* Accelerator · United States **124** **$20M** median round **Nov 2026** last seen
- 16 [Startmate](https://millionrounds.com/fund/startmate) *Deploying now* Accelerator · Australia **107** **$1.6M** median round **Sept 2026** last seen
- 17 [Bluepoint Partners](https://millionrounds.com/fund/bluepoint) *Deploying now* Accelerator · South Korea **91** **$1.9M** median round **Oct 2026** last seen
- 18 [Platanus](https://millionrounds.com/fund/platanus-ventures) *Deploying now* Accelerator · Mexico **40** **$930K** median round **Sept 2026** last seen
- 19 [imec.istart](https://millionrounds.com/fund/imec-istart-fund) *Deploying now* Accelerator · Belgium **5** **$2.7M** median round **Oct 2026** last seen
- 20 [Intuitive Ventures](https://millionrounds.com/fund/intuitive-ventures) quiet Accelerator · United States **2** **$109M** median round **Aug 2025** last seen
- 21 [Soulmates Ventures](https://millionrounds.com/fund/soulmates-ventures) *Deploying now* Accelerator · Czechia **2** **$937K** median round **Sept 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[LionBio Therapeutics](https://millionrounds.com/company/lionbio-therapeutics)** Pre-seed · $6M *With* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **6** Nov **[Humble Robotics](https://millionrounds.com/company/humble-robotics)** Series A · $51M *Led by* [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *Led by* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **5** Nov **[Venomics AI](https://millionrounds.com/company/venomics-ai)** Pre-seed · $2.7M *Led by* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)

## Stages This Year

1,659 rounds

- Venture **27%**
- Seed **20%**
- Pre-seed **18%**
- Series A **14%**
- Grant **5%**
- Other **17%**

## What They Backed

Sectors, last 12 months

- AI **798**
- Healthcare **101**
- Big Data & Analytics **97**
- Fintech **94**
- Biotech **83**
- Financial Services **49**

## Cheques by Quarter

Led Joined

555 Q1 25

554 Q2 25

644 Q3 25

601 Q4 25

543 Q1 26

495 Q2 26

347 Q3 26

68 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about incubators and accelerators backing Medical Devices

### Who are the most active incubators and accelerators backing Medical Devices?

By cheques observed, the most active are Y Combinator, Plug and Play, MassChallenge, Google for Startups and Creative Destruction Lab.

### How many incubators and accelerators backing Medical Devices are there?

21 are on record. 95% made an investment in the last 12 months and 57% have led a round.

### Which stages do incubators and accelerators backing Medical Devices back?

Of the rounds with a named stage in the last 12 months, mostly Seed (28%) and Pre-seed (25%).

### How big are the rounds incubators and accelerators backing Medical Devices join?

The typical (median) round among the leading investors here is $3M.

### Which sectors do incubators and accelerators backing Medical Devices back most?

In the last 12 months, mostly AI, Healthcare and Big Data & Analytics.

### Which incubators and accelerators backing Medical Devices lead the most rounds?

Obvious Ventures (14 led), Y Combinator (11 led) and Plug and Play (2 led).

### Where are incubators and accelerators backing Medical Devices based?

Among the most active, most are based in the United States (11), Canada (1) and the United Kingdom (1).

### What have incubators and accelerators backing Medical Devices invested in recently?

Recent rounds include LionBio Therapeutics (Pre-seed, Nov 2026, with South Park Commons), Humble Robotics (Series A, Nov 2026, with Obvious Ventures) and Ocient (Series C, Nov 2026, with In-Q-Tel).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
