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Fertility tracking app Flo Health raises $200M at a $1B+ valuation
Femtech, or tech that leverages innovations in AI, smartphones and connected wearables to give women more insights into reproductive and menstrual health,
Femtech, or tech that leverages innovations in AI, smartphones and connected wearables to give women more insights into reproductive and menstrual health, continues to gain momentum with users, and investors are following. The fundraise comes after an impressive run of growth, which is notable considering the bumps Flo has faced, including one around a now-settled, privacy-related regulatory investigation from the Federal Trade Commission, and the generally bearish state of the technology market. When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for…
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