Femtek secures $1 million in funding led by Arcanys Ventures and Techstars for its Basal Body Ring, a cycle-tracking product designed to be worn at night.
Amount Raised
$1 Million
Round Type
Seed
MelbourneHealth CareInvestors
Description
Femtek, the Australian women’s health tech startup, has raised $1 million in funding led by Arcanys Ventures and Techstars. The funding will be used to further develop the Basal Body Ring, expand the team, and fuel marketing initiatives. Additionally, Femtek is still seeking additional funding and is applying for LaunchVic’s Alice Anderson Fund.
Quick answer
Femtek raised $1 Million in a Seed round, dated March 28, 2024. Investors: Techstars and Arcanys Ventures. Femtek is based in Melbourne, Victoria, Australia.
- How much did Femtek raise?
- Femtek raised $1 Million in a Seed round on March 28, 2024.
- Who invested in Femtek?
- Techstars and Arcanys Ventures are named as investors in this round.
- What does Femtek do?
- Femtek presents to you the Basal Body Ring - the first menstrual health focused smart ring built to elevate women's lives and provide them with a new level of cycle literacy; all while they sleep!
- Where is Femtek based and how big is it?
- Femtek is based in Melbourne, Victoria, Australia.
- Who are the decision-makers at Femtek?
- Fundz holds 1 contact at Femtek. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Health Care around the same time
Companies in the same sectors as Femtek that raised within 45 days of this round, from Fundz verified event records.
- Arya For Work raised $7.2M on May 10, 2024.
- MoDoc AI raised $100K (Pre-Seed) on May 10, 2024.
- Astiva Health, Inc. raised $1.1M (Seed) on May 10, 2024.
- S2N Health raised $3.1M (Seed) on May 10, 2024.
- Commit Biologics raised $17M (Seed) on May 10, 2024.
- BioVaxys Technology Corp. raised $52K on May 10, 2024.
Who to call at Femtek, and when
A new round usually means Femtek is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Femtek raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Femtek, from your own LinkedIn network
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Related People
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