Femtech Canada and Sun Life form strategic partnership for women’s health

Femtech Canada, operated by Innovation Factory, has entered into a strategic partnership with Sun Life to support the development of commercialisation programming designed to drive the creation of new solutions, fuel economic growth through job creation and investment, and position Canada as a global leader in the rapidly growing femtech market.

The programming is specifically designed for women’s health innovations, with the initiative expected to offer targeted mentorship, business advisory support, and access to critical networks and resources that address the unique challenges and opportunities faced by femtech founders such as limited resources and funding, advertising restrictions, and talent shortages.

Recognising the importance of advancing women’s health and wealth, the partnership with Sun Life will also help viable women’s health solutions gain access to market insurance opportunities.

Femtech Canada is a national network dedicated to advancing women’s health technology by connecting femtech companies with essential resources and visibility. Through strategic networking, business advisory support, mentorship and a dynamic online community, Femtech Canada inspires entrepreneurs and researchers to pioneer technologies that improve the lives of women and end-users across the country.

Since its launch in January 2024, Femtech Canada has grown into a vibrant network of over 160 women’s health companies that have commercialised 110 years of Canadian research, created more than 1,260 active jobs nationwide, and generated over US$250m in private-sector investment.

With Sun Life’s partnership, Femtech Canada is poised to expand its reach and deepen its impact in a global market projected to surpass US$130bn by 2034.

“This partnership with Sun Life enables us to take a bold step forward in supporting women’s health innovation across Canada,” said Karen Linseman, VP of Operations at Innovation Factory.

“By combining Sun Life’s commitment to healthier communities with our expertise in commercialisation, we’re building a stronger foundation for women’s health founders to access critical resources, and bring innovative solutions to market. Together, we’re driving meaningful change that will help close health gaps and create a more inclusive healthcare system.”

“Investing in women’s health and research is an investment in today and for generations to come. Working together, we’re helping to drive meaningful advancements that benefit individuals, families, and society as a whole,” said Marie-Chantal Côté, Senior Vice-President at Sun Life Health

Sun Life also sponsored the inaugural Femtech Canada Forum in Montréal this past November, where industry leaders, policymakers, and investors gathered to explore the future of women’s health technology and innovation.

Discussions focused on policy advancements, investment opportunities, and fostering a supportive environment for women’s health start-ups.

Looking ahead, this partnership will unlock new opportunities for collaboration for Femtech Canada. By bringing together innovators, healthcare providers, and investors, Femtech Canada is leading the charge toward a future where women’s health is a recognised and prioritised pillar of healthcare innovation.