Catering to a market that market analysts Frost & Sullivan have forecast will be worth $50bn by 2025, femtech is the subset of apps and gadgets geared at enhancing women’s wellbeing. Currently made up of at least 200 startups worldwide, the companies focus solely on women’s health and are primarily managed by female CEOs and innovators. Developers in femtech are confident that the industry can help combat the dearth of women in scientific research, as well the social taboos around women’s health, from menstruation to postnatal depression and breastfeeding. But currently just 10% of global investment goes to female-led startups according to Forbes. This is why Portfolia, a US-based venture platform financed nearly exclusively by female investors, created the world’s first femtech fund in June 2018. (source: Guardian)
Join us for our May event where together with founders, researchers and technologists we will discuss all things fem tech, health tech, wearables and all in between!