The rise of femtech funding clearly shows it’s not a ‘niche’

Five years ago, global funding for the femtech sector had barely reached $100 million total. But now? The femtech industry is set to see a huge increase to more than $400 million — the largest amount of funding the industry has ever received. This rise is long overdue. Historically, femtech hasn’t received much venture capital funding, since a staggering (but not surprising) 92 percent of partners at the biggest VC firms in America are men. The female-health sector was considered a niche market, which is pretty astonishing since women make up 49.5 percent of the world population and 83 percent of household healthcare spending is done by women. The…

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https://ift.tt/2OtsGi5 Cara Curtis November 07, 2018 at 06:00AM