Female Founders & Women’s Healthcare - 2023 predictions 🔥
Connecting women in health tech and femtech with opportunities to grow their businesses and succeed in their careers.
Happy Monday, everyone! 🙂
Despite women making up more than 50% of the population and sex-based differences influencing all tissues, organs, and bodily functions, little attention has been made to the prevention, diagnosis, and treatment of women's unique health needs, according to McKinsey & Company. About 1% of healthcare research and innovation is invested in female-specific conditions beyond oncology.
While venture capital for female founders addressing healthcare needs has increased, it's a drop in the overall healthcare bucket. It's not just sex-specific diseases and conditions, from periods to childbirth to menopause, but those that affect men and women differently, including cardiovascular, migraines, and autoimmune disorders.
Even small increases in investment would deliver high return on investment (ROI) and better health outcomes for women, writes Chloe E. Bird a sociologist who studies health equity for RAND Corporation. Female founders are showing the potential for significant ROI for investors including—Maven Clinic— which achieved unicorn status. More is needed.Find out more in this story published on Forbes.
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WoW events 📆
Join us on International Women's Day as we come together to celebrate the achievements in women’s health, discuss what more could be done to drive innovation and growth, and support founders and innovators in this industry.
Our panel of industry leaders and experts will share their predictions for the future of Femtech, as well as practical advice and tips for Femtech founders to help them succeed, raise funding and grow their businesses. Whether you are a founder, entrepreneur, or simply passionate about technology and innovation, this event is a must-attend for anyone interested in femtech and women’s health.
Featured community events 📆
📌 Join Barclays Eagle Labs on February 28 for their free virtual event - The route to NetZero: formulating a sustainability plan, register here.
📌 Join Amazon Web Services (AWS)'s free event in London, 22 February - Building a Killer GTM strategy, register here.
📌 Unleash the power of Women's Health & Wellness at FemTech Lab's upcoming event on February 21st - Win the Future Female Consumer, register here.
📌 Positive Disruption: Leadership, Women and Diversity, organised by our WoW member Mim Senft, on February 23, register here.
📌 Join Goodwin’s Conversation with Rare Disease Community Leaders, February 28, register here.
📌 Investing in Underrepresented Founders, March 9, organised by Founders & Funders, register here.
📌 Join Tech4Eva’s Opening Ceremony 2023 (hybrid) taking place on March 14, 2023, register here.
Featured WoW community news 📣
🚀 Neuraura announces first patent allowed by US patent office for their core platform technology
🚀 Onoco was chosen as the "App of the Day" by Apple's App Store team!
🚀 Grace & Able has been accepted for the M2D2 Impact 5 Program, focusing on orthopedic innovation. The accelerator is run by the University of Massachusetts.
🚀 Motivity Care, has been accepted to the Company Ventures Boost Founder Fellowship.
Industry and media news 📣
💬 For Female Founders, Fundraising Only from Female VCs Comes at a Cost
💬 Solving fertility service inequities
💬 FDA draft guidance may turn diversity in clinical trials from nice-to-have into a must-have
💬 Monique Woodard Unveils Cake Ventures, New $17 Million Fund Focused On ‘Demographic Change’
💬 ‘There is no standard’: investigation finds AI algorithms objectify women’s bodies
💬 Single women's reproductive rights remain frozen in regulations
💬 Despite 2022's headwinds, women's health startups did better than ever before
💬 Put a (smart) ring on it: Movano on why its health wearable will put women first
💬 Sexual Health And Wellness Companies Continue To Face Digital Advertising Challenges
💬 Brazilian Femtech Feel Raises Round With Female Investors To Advance Sexual Wellness Ecosystem
💬 The Femtech Founder Creating Sportswear That Prevents Vaginal Infections Secures $1.3M To Scale
💬 Mexican femtech Plenna raises a $4.4M seed-round for women’s health platform
Thanks for reading this newsletter, the next one will land in your inbox on Monday, 27 February! If you are a WoW member, don’t forget to send us your updates so we can include them in our next issue! 📧
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