Happy Sunday, FemWealth Friends!
What an incredible week for women-founded and led businesses, particularly for those in the women’s health innovation space!
In one of the biggest rounds for an early-stage healthcare company focused on women, Ask Tia has raised $100 million to turbocharge women’s health. Several other startups in this space have raised funds, including Mae - a platform to connect Black expectant mothers with resources to drive positive pregnancy outcomes ($1.3M Pre-Seed), and Babyscripts - a virtual maternity care tool platform ($12M in Series B).
So far, 2021 has been an excellent year for women’s health investments, with global VC investment crossing the $1 billion mark for the first time. Projected to reach $47+ billion by 2027, the global women’s health market is no longer a niche - thanks mainly to the efforts of countless women founders and funders to innovate and invest in this long underserved space. Solutions range from general health specifically catered to wome(x)n and families, to reproductive health, menopause care, and treating diseases that disproportionately affect women.
In today’s edition of FemWealth, get to know some of the *most innovative women-founded and led startups in women’s health, as well as some of the top investors funding them:
* Please click on the FemWealth posts above to discover an overview of the innovations in wome(x)n’s health and the top investors funding them. Due to space limitations for the version sent by email, I had to split today’s newsletter. My apologies for the inconvenience!
FemWealth Favorites ❤️
(C) Spring Health
💸 Debit Card Startup Which Builds Credit For Women Raises $5.7 Million In Total Funding
💸 Kapor Capital, Square co-founder Sam Wen back TomoCredit in its $10M Series A funding round - co-founded and led by Kristy Kim, the startups helps first-time borrowers build credit history, based on their cash flow
🔥 Match Appoints Renate Nyborg as Tinder’s First Female CEO
💸 Canva Raises At $40 Billion Valuation — Its Founders Are Pledging Away Most Of Their Wealth - co-founders Melanie Perkins and Cliff Obi will be committing the vast majority of their equity to do good in the world through the Canva Foundation
🧵 Kirsten Green of Forerunner Ventures writes about the new generation of female entrepreneurs
💸 Forbes‘ 50 Over 50 Project: the 50 Over 50: Investment list
💸 Chinese Women to Drive $5.3 Trillion Consumer Boom, UBS Says
🎾 Can Emma Raducanu become sports' first billion dollar woman?
👩🏼🚀 Hayley Arceneaux, a childhood cancer survivor and physician assistant, became be youngest American to reach space and first spaceflyer with a prosthesis as part of the all-civilian crew Inspiration4 mission; Dr. Sian Proctor, a geoscientist and astronaut, was the mission pilot and the first black female to pilot a spacecraft
🤓 Taking part in Y Combinator from Europe: is it worth it? by Anh-Tho Chuong Degroote, co-founder and CEO of Lago (YCS21)
🤯 Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show
⚖️ Simone Biles to Congress: ‘I blame Larry Nassar, and I also blame an entire system’
⚖️ The U.N.’s Own Humanitarian Crisis
🧬 Meet the (all-female) Finnish team using stem cells to cure blindness via Sifted
🛴 Men Need Not Apply to World’s Largest E-Scooter Factory - Ola Electric Mobility will employ an all-women workforce
🏃🏻♀️Paris mayor Hidalgo announces French presidential bid
FemWealth Recommended Events
📅 F for Femme by Station F | October 6th
📅 STEM Forward With Women | September 23rd
📅 AdaCon: Hungry for Change - Activism and why we need it in the UK technology industry | 12th October
Thank you for reading FemWealth!
Wish you an excellent week ahead!
Anamaria
Founder & Writer @FemWealth
Social Preview Image Credits: Ask Tia
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