Investment

Everlywell Raises $175 Million to Expand Consumer Lab Testing and Digital Health Offerings

Everlywell today announced an oversubscribed Series D financing of $175 million. New investors participating in the round include funds and accounts managed by BlackRock, The Chernin Group (TCG), Foresite Capital, Greenspring Associates, Lux Capital, Morningside Ventures, and Portfolia, as well as existing investors Goodwater Capital, Highland Capital Partners, and Next Coast Ventures. This investment brings the total capital raised by the company to…

Breast Cancer Technology Company Endomag Secures £15M in Series D Funding

Cambridge-based startup Endomag, has raised a £15M Series D led by Draper Esprit, which was supported by existing investors Sussex Place Ventures among others. This investment brings the company’s total funding to over £32 million. Endomag’s technologies use non-invasive magnetic sensing to locate and stage breast cancer and have helped over 130,000 women across the world receive more precise and less invasive…

Star Power: Dakota Johnson Joins Sexual Wellness Brand Maude as Investor and Co-Creative Director

From “50 Shades” to Maude: Dakota Johnson has recently announced her new role as investor and co-creative director of sexual wellness brand Maude. “Not only is maude a WOC-founded company, it is boldly and intelligently forward thinking in an industry where the conversation and narrative around intimacy products is antiquated. I believe that sexual wellness is a fundamental human right. Consensual sex…

Contraline Receives $1M Investment from the Male Contraceptive Initiative to further Developement of ADAM, an “IUD for Men”

Male Contraceptive Initiative, a 501(c)(3) non-profit, today announced that it has partnered with the medical device company Contraline to provide a $1 million Program Related Investment to support a first-in-human clinical trial for the company’s novel vas-occlusive contraceptive device, ADAM™. This is the first PRI from Male Contraceptive Initiative and is representative of the organization’s continued evolution. “We are very excited about…

African Femtech Kasha Raises $1M from Swedfund

Swedfund, the Swedish Development finance institution, announced their investment in Kasha Global, a femtech e-commerce platform with subsidiaries in Rwanda and Kenya. Kasha’s platform enables access, education and confidential distribution of women’s contraceptives, menstrual and health products, primarily to underserved women. The company’s innovative multichannel platform supports both offline and online e-commerce, providing customers with the ability to purchase products digitally using…

Fortunis Capital Invests £1M in Femtech Startup Clementine

Fortunis Capital has selected femtech company Clementine for a place in its Top 20 UK Impact Investment fund, starting with an initial investment of £1M. Clementine’s app aims to improve the emotional wellbeing of millions of women all over the world.  The London-based impact investor’s £1million funding will accelerate the growth of Clementine. Founded by Kim Palmer, it provides world-leading virtual professional hypnotherapy sessions as well as a suite…

Report: COVID-19 Impact Survey (Women in Cloud)

Women in Cloud, a community-led economic development organization, has a massive mission: to take action with global leaders, corporations and policymakers to help women entrepreneurs create $1 billion in economic access and opportunity by 2030. The outcomes of the COVID-19 impact survey, and challenges women entrepreneurs are facing as a result of the pandemic, increase the need and importance of Women in…

Come&Gone: $800K Seed Round and Cindy Gallop Joins Board

Frances Tang, a multipotentialite serial entrepreneur, set out on a mission to normalize and solve the everyday awkward and taboo encounters around hygiene essentials. When she couldn’t find a reliable method for cleaning up after sex, she decided to dig in and create one herself. After years of having those awkward conversations with friends, developing prototypes and most recently graduating from accelerator…