VC funding for femtech companies has reached $840 million so far in 2022, following a record year for the global femtech market in 2021, when the sector raised more than $2.4 billion, according to PitchBook data.
The once-underinvested sector now includes a cohort of startups looking to address the most pressing pain points for women’s health, including those creating smart sanitary pads, cordless breast pumps and access to emergency contraception. The Supreme Court’s decision to overturn Roe v. Wade has added urgency and uncertainty to a range of women’s healthcare services and raised alarms about the security of data collected by femtech startups. Read more.
