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FemTech Investment Overview

Lack of investment remains the key barrier for FemTech development, along with insufficient R&D funding and lack of public support. Despite growing interest in FemTech companies, only 4% of tech investment in life science targets FemTech. 

In 2021, the global VC investment in FemTech crossed $1 billion for the first time. One of the reasons the industry is not getting significant VC funding is the poor track record of sizable exits. 
As of December 2021, the total funding in the FemTech sector was about $14 billion.

The General Health Care subsector leads the market by total funding of approximately $3.4 billion at the end of 2021.

The two other largest subsectors by funding are Reproductive Health and Contraception ($2.7 billion) and Longevity ($2.6 billion).
Source: FemTech Analytics, Crunchbase
Many companies have gone through significant improvements and changes during the last few years. The more companies become FemTech-focused, the more investment appears in the industry, and therefore, new players and decision-makers emerge on the global FemTech market. Accounting for nearly 65%, the US has a leading number of FemTech investors (in FemTech-focused companies). More than $10 billion was invested in US-based companies, as of December 2021.
Source: FemTech Analytics, Crunchbase

Notable FemTech Deals of 2021


Top FemTech Breakthroughs in Q4 2021


Top 5 Investment Deals in FemTech in Q4 2021

Selected major deals included:
  • Evofem — $444.2M, biotechnology company that develops reproductive and contraceptive care products for women worldwide (Post-IPO Equity)
  • Progenity — $248.5M, clinical laboratory services to provide physicians and patients with accurate, timely and state-of-the-art test results (Post-IPO Equity)
  • Agile Therapeutics — $204.5M, pharmaceutical company developing contraceptive health care products for women. (Post-IPO Equity)
  • Elvie — $151.9M, a British FemTech company developing smart technology for women (Series C round)
  • The Mom Project — $80M, a digital talent marketplace helping women remain active in the workforce (Series C round)
Source: Crunchbase

Investors Exclusively Focused on FemTech

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