Femtech company Clue, which offers an app focused on menstrual cycle tracking and reproductive health, raised €7 million ($7.6 million) in funding. The raise was led by existing investors Union Square Ventures and Balderton Capital.
The company also announced it would allow users to become investors in the company via British investment crowdfunding platform Crowdcube. Users who invest could...
Femtech has grown over the last decade, but investments in female-focused companies pale in comparison to the larger digital health sector.
Ida Tin, cofounder and chairwoman at Clue, a Berlin-based menstrual health app, coined the term femtech in 2016 and joined MobiHealthNews to discuss investment and advancement in the sector.
MobiHealthNews: How do you think the collapse of Silicon Valley...
Women’s wellness and menstrual health are the key drivers of the femtech sector in the United Arab Emirates (UAE), a new report has found. But plenty of untapped opportunities – and challenges – remain.
According to Q4 2021 analysis released by FemTech Analytics – a subsidiary of the UK-based Deep Knowledge Group – e-commerce platforms targeting these two categories of women’s healthcare are at...
Clue, a Berlin-based femtech company, announced today that it has received FDA clearance to launch Clue Birth Control, an all-digital form of contraceptive that relies on period tracking data.
By combining user menstrual cycle data with Clue’s predictive algorithm, the birth control feature can show which days are high or low risk for pregnancy. From there, users can modify their behaviors to...
Berlin-based Clue was one of the early companies in the femtech world. Founded in 2012, to date it has raised just under $30 million. Today it named Dr. Lynae Brayboy its first chief medical officer.
A trained OBGYN, with a specialty in reproductive endocrinology and fertility, Brayboy has a long history of working in women’s health and a track record of studying femtech products.
“When I was...
It’s no secret that the tech industry has a diversity problem. In June, a magazine featured an image of 15 male executives from Silicon Valley, who were meeting in Italy, in which two female tech entrepreneurs were photoshopped in after the fact.
While many in the industry are waking up to the issue, with some jumping on the bandwagon and others remaining behind, a number of innovators are...
Even more ECG. Electronics hardware company Asus pulled back the curtain on its latest health and fitness smartwatch today at IFA 2019 in Berlin. Engadget, TechRadar and others report that the VivoWatch SP includes a built-in ECG sensor alongside a PPG sensor, GPS tracking, an altimeter and roughly 14 days of battery life. The company is aiming for worldwide availability before the end of the...
Last year saw record amounts of investment be plugged into European tech startups, according to the 2018 State of European Tech from investment firm Atomico.
However, 93% of that funding went to startups with all-male founding teams, and the findings resemble data compiled by market research firm Pitchbook in the US, which indicates that women-led ventures secured just 2.2% of venture capital...
Since period tracking app Clue was launched in 2013, the femtech industry has continued to flourish and is projected to reach a market potential of $50bn by 2025.
“It’s been absolutely amazing in shedding light on a range of products created by women and addressing female needs previously not known to the investment community,” says Eirini Rapti, founder and CEO of inne, a natural contraceptive...
When Fitbit announced, after months of hints and rumors, that it was launching a smartwatch, it seemed likely that the answer to one big question would determine whether the health and fitness company could succeed: Could Fitbit build an app store to compete with the Apple Watch's?
Now, the app store in question, Fitbit's App Gallery, is finally starting to take shape. Fitbit announced today that...
0fd9.jpg?itok=Ns6LZhr8 "Ida Tin, cofounder and chairwoman at Clue")
