TLDR:
- Women’s healthtech startup Femtek has raised $1 million in Seed funding to give women better data around their menstrual cycle.
- Femtek has developed a smart ring, BBRing, that tracks basal body temperature to provide health insights based on hormonal conditions and a woman’s life stages.
Women’s healthtech startup Femtek has secured $1 million in Seed funding led by Arcanys Ventures to offer women improved data regarding their menstrual cycle. The company, founded by Olivia Orchowski, has created a smart ring called BBRing that aims to revolutionize menstrual health by providing insights based on hormonal conditions and life stages of women. The funding will be used to expand locally and globally, as well as to introduce additional SaaS and hardware products. Femtek previously ran a successful Kickstarter campaign and raised a pre-Seed round to support the launch of BBRing, which tracks basal body temperature and offers lifestyle recommendations based on a woman’s cycle. This funding round signifies a significant step in Femtek’s mission to empower women through better understanding and management of their menstrual health.
