June 24, 2019
Last year saw record amounts of investment be plugged into European tech startups, according to the 2018 State of European Tech from investment firm Atomico.
However, 93% of that funding went to startups with all-male founding teams, and the findings resemble data compiled by market research firm Pitchbook in the US, which indicates that women-led ventures secured just 2.2% of venture capital...
May 27, 2019
Since period tracking app Clue was launched in 2013, the femtech industry has continued to flourish and is projected to reach a market potential of $50bn by 2025.
“It’s been absolutely amazing in shedding light on a range of products created by women and addressing female needs previously not known to the investment community,” says Eirini Rapti, founder and CEO of inne, a natural contraceptive...
December 5, 2017
When Fitbit announced, after months of hints and rumors, that it was launching a smartwatch, it seemed likely that the answer to one big question would determine whether the health and fitness company could succeed: Could Fitbit build an app store to compete with the Apple Watch's?
Now, the app store in question, Fitbit's App Gallery, is finally starting to take shape. Fitbit announced today that...
May 18, 2017
Amazon eyes the pharmacy business. CNBC is reporting that Amazon is getting serious about breaking into the pharmacy business, to the point that the company is hiring a business lead to create a strategy. The company has apparently been eyeing the space for a while but has now taken some more concrete moves. As well as hiring a business lead, the company has held at least one annual meeting to...
December 22, 2016
Note: MobiHealthNews will be taking tomorrow off for the holidays. We'll be back on Monday with a week of special issues looking back at 2016 and ahead at 2017, and back to our normal coverage on January 2nd. We wish you and yours a happy holiday season.
While the shift to value-based care has driven digital health innovation overall, the tech-enabled advances haven’t necessarily touched every...
November 30, 2016
Berlin-based Clue, which makes an app that tracks a woman’s menstrual cycle through machine learning, has raised $20 million in Series B funding in a round led by Nokia Growth Partners. Existing investors Union Square Ventures, Mosaic Ventures, Brigitte Mohn and Christopher Maire also participated along with new investors Giving Wings and Fabrice Grinda. Previously, the company raised $7 million...
September 16, 2016
The market for women-specific digital health tools is ripe, buttressed by the growing number of women tech entrepreneurs, the desire for family planning data, and increasing call for accommodations for women in the workplace, according to a panel at TechCrunch Disrupt in San Francisco. While women haven’t historically been the focus in technology – both in the workforce or in the consumer target...
October 12, 2015
Germany-based Clue, which has developed a women's health app, raised $7 million from Union Square Ventures and Mosaic Ventures. This brings the company's total funding to $10 million. Clue's most recent round was announced in March.
Existing investors include German private investor Brigitte Mohn; French investment firm Groupe Arnault, the controlling shareholder of LVMH (Moët Hennessy – Louis...
March 17, 2015
Germany-based Clue has raised $2 million from German private investor Brigitte Mohn; French Groupe Arnault, the controlling shareholder of LVMH (Moët Hennessy - Louis Vuitton); the German pharmaceutical company DR. KADE; as well as executives from Spotify, Dropbox, and SoundCloud. This brings the company's total funding to $3 million.
Existing investors include Christophe Maire, Joanne Wilson,...
February 19, 2014
Berlin, Germany-based Clue, maker of a fertility tracking app, raised $680,000 (500,000 euros) in a round led by angel Christophe Maire, with additional funding from Joanne Wilson, New York-based Luminary Labs Ventures, and existing investor Thomas Madsen-Mygdal. Before the most recent round, Clue had five angel investors, and after the most recent investment Clue still has less than $1 million...