Wednesday, November 7, 2018

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…

This story continues at The Next Web
https://ift.tt/2JNzKFE support@endlesssupplies.ca (Endless Supplies .Ca) November 07, 2018 at 07:30AM

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