The guts Eastern femtech marketplace is worth $step 3.8 mil. Exactly what try carrying traders right back?
That have tall demand and you may possibility of femtech technologies and you can financing, i talk to world leaders and you can business creators understand the newest demands and possibilities ahead
Monthly period services the disposal represent among history great consumer taboos. It is a forbidden one energies an enormous environment thing. Imagine if you will find biodegradable shields which can be safe for the new environment and sanitary? That’s what one to more youthful organization, Lizzom, is trying to prove by using organic flannel and you may corn so you’re able to manage a solution and you will compostable sanitary napkin.
In the last lifetime, there’ve been an explosion inside femtech, electronic systems, and you can characteristics built as much as ladies wellness. The brand new UAE houses one-third away from femtech people in the middle East and North Africa (MENA). The industry is actually estimated getting value $3.8 billion by the 2031, that have an increase price away from 15%. You will find strengths to that, nevertheless the mainly male-led dealers was yet , to conquer their wariness more than people-created items.
Chanda Lokendra, brand new originator regarding Lizzom, thinks there remains a bias facing girls-provided startups. An excellent Wamda post notes you to definitely of $622 billion increased because of the startups regarding the MENA part, lower than $6 million was dedicated to startups created entirely from the women – below 1 percent of overall. (more…)