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Round up: £1m for women’s health research and care

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Femtech World explores the latest business developments in women’s health.

Portfolia launches women’s health fund

Investing fund Portfolia has launched the Women’s Health Fund IV for women’s health innovation.

The company has stated that Fund IV’s debut investment is in Gameto, a clinical-stage biotechnology company reprogramming female cells to transform fertility and hormonal care.

Portfolia’s investment is part of Gameto’s recently announced US$44m Series C financing, bringing its total raised capital to US$127m, one of the largest investments in the US biopharma sector focused on reproductive health to date.

Gameto’s lead programme, Fertilo, uses engineered ovarian support cells to mature eggs outside the body, reducing the standard two-week IVF hormone protocol to two to three days.

The company has begun enrolling patients in its Phase 3 trial in the US, building on its clinical use in Australia and Latin America, with five babies born and over 20 pregnancies recorded so far.

New partnership to advance health equity and women’s wellness services

Vivant Health has announced a new strategic partnership with Pandia Health, a women-led, women-founded telemedicine provider committed to improving access to comprehensive women’s healthcare.

The partnership aims to break down barriers to women’s healthcare, promote health equity, and deliver trusted, evidence-based services that support women’s health needs.

The collaboration is also designed to expand access to expert, affordable women’s health services for Vivant Health members.

As part of this partnership, Vivant Health members will gain streamlined access to Pandia Health’s expert physician-only online care and medication delivery services. This includes convenient telehealth consultations, easy prescription refills, and discreet home delivery of FDA-approved medication, all supported by a mission to empower women through accessible, data driven healthcare.

Mira Introduces Ultra4 at-home hormone monitor

Hormonal health company Mira has launched Ultra4 – an at-home hormone monitor to deliver lab-quality insights into four key hormones including FSH, LH, E3G, and PdG.

The test uses one wand and takes 16-minutes, enabling people to see their full cycle story with the same precision available in clinics.

The new kit measures FSH, LH, E3G, and PdG together — offering a complete hormonal profile across the cycle. This helps users identify imbalances, track shifts over time, and better understand fertility, perimenopause, and overall cycle health.

With Mira’s AI-powered app, users can also test any day of their cycle, or multiple times daily, for personalised insights.

New features include: 4D Ovulation Profiling, Egg Prep Scan, Hormonal Fingerprint, Cycle Balance Analysis, and Egg Count Intelligence.

Visana Health appoints chief commercial officer to drive new growth

Virtual women’s health clinic Visana Health has appointed Tom Maraday, a senior executive with over 35 years of experience in developing health and wellbeing solutions for large employers and payers, as chief commercial officer.

Tom will be responsible for leading national and regional health plan sales, driving activation with employers, and growing member enrollments, while leveraging his deep expertise in sales, marketing, and account management to create scalable infrastructure and build high-performing teams that advance Visana Health’s mission.

“Tom is a proven leader with a track record of leading high-performing, fast-growing teams and accelerating organisational growth across some of the most transformative sectors in healthcare,” said Joe Connolly, co-founder and CEO of Visana Health.

“His experience working with payers and employers to develop new health and wellbeing models is essential as we continue to deepen our relationships with current payers and scale our model to more payers and self-funded employers across the US, ensuring every woman is heard and helped.”

Tom’s roles have included scaling fast-growing businesses and innovative care models, including virtual healthcare, preventive/proactive care and value-based care for organisations, such as Omada Health, EHE Health, Bright Horizons and Plus One (now Optum).

New partnership commits US£1m for women’s health research and care

The Shoppers Foundation for Women’s Health is advancing health equity for women with a US$1m investment in health research and care, over the next two years, through Women’s Health Collective Canada (WHCC), the largest non-government funder of women’s health research in Canada.

The investment will support research on, and improved care for menopause.

This latest investment builds on three years of sustained partnership, with total contributions to WHCC of over US$3m.

“This is more than generosity, it’s leadership,” said Amy Flood, executive director at WHCC.

“Shoppers has believed in our work from the beginning, and they’ve helped shape a movement. With this renewed commitment, we’re taking meaningful steps toward a new standard of care for menopause in Canada, something long overdue.

“Together, we’re reaching more women, funding more research, and making the case for system-wide change.”

“We are proud to continue our partnership with WHCC to help close the women’s health gap in Canada,” said Paulette Minard, director of community investment, Shoppers Foundation for Women’s Health.

“This investment reflects our ongoing commitment to supporting women in our communities at every life stage, through better research, better care, and better outcomes.”

This investment will support the development of an enhanced, evidence-based standard of care for menopause in Canada.

Through the WHCC national network, funding will help accelerate local and regional initiatives.

Progyny study reveals gap between perceptions and realities in women’s health benefits coverage

Family building solutions company Progyny has announced the results of its new national Women in the Workplace research conducted in partnership with Dynata, the world’s largest first-party data company for insights, activation and measurement.

The study reveals a persistent gap between what employees want from their women’s health benefits, and what employers believe they are providing.

Specifically, results show that 81 per cent of HR leaders say they’re committed to advancing women’s health and well-being in the workplace, but only 52 per cent of working women believe their benefits make healthcare affordable.

“The trend of women seeking out and even changing jobs for better benefits has been a persistent one the past few years. This study proves that women know what they want, and they are raising their voices.

“Simultaneously, HR leaders are aware of this trend and are eager to expand their women’s health benefits to get ahead in talent recruitment and retention,” said Katie Higgins, CCO at Progyny.

“Where the mark in women’s health benefits may be missed is with the absence of a unified benefit that provides success to both sides – covers the continuum of care for women, increases engagement, results in clinical impact, and provides cost-control.”

According to the study, while most employers express a strong interest in supporting women’s health, they are unknowingly falling short in delivering access to specialised care, clear benefits navigation, and the personalisation employees expect, particularly across critical life stages like fertility, pregnancy, and menopause.

It’s not enough to simply offer a women’s health benefit or access to a digital tool – the benefit needs to be designed and implemented with intention.

This new research shows leading concerns among female employees; for example, 83 per cent of women say benefits that support coaching and treatment for menopause are important, only 12 per cent say their employer does a good job in providing them.

Further, nearly one in four women (24 per cent) who wanted to use a benefit gave up because it was too complex to understand or access, and 83 per cent of women and 88 per cent of employers agree that centralised support from one place would make women’s health benefits more effective.

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Women’s Health Week Europe 2026 opens pitch applications for mainstage showcase at The Emirates Stadium

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Women’s Health Week Europe 2026 has opened applications for its flagship start-up Pitches, giving women’s health innovators the chance to present on the mainstage at The Emirates Stadium in London on 7-8 October.

16 finalists will be selected across two categories: Medical Devices & Therapeutics and Consumer & Tech, with the shortlisted companies receiving the opportunity to pitch in front of 700+ investors, corporates, other innovators and strategic partners actively seeking solutions that can scale.

Two categories, one stage

The Medical Devices & Therapeutics category is open to companies working across medical devices, therapeutics and pharma innovation, regulated digital health, and deep-tech or science-led platforms.

The Consumer & Tech category covers consumer health and wellness brands, digital health platforms, wearables and connected data, employer and payor-led solutions, and commerce and marketplace businesses.

Any company treating a condition that affects women exclusively, differently, or disproportionately is eligible to apply.

Applications are completely free, so what do you have to lose?

Apply to pitch at WHW Europe 2026 now.

What’s in it for you?

Unmatched exposure

Present in front of 700+ investors, corporates, clinicians, and strategic partners actively seeking solutions that can scale.

With WHW Europe 2026 relocating to The Emirates Stadium and expanding to 700+ attendees across two stages, the 2026 edition represents the largest platform the series has offered to date.

A proven platform

The WHW Pitch Sessions have become one of the most commercially significant showcases in women’s health, with previous cohorts including companies that have gone on to raise investment and secure major strategic partnerships. 2024 alumni BoobyBiome, closed a £2.5M seed round in the year following their pitch at WHW Europe.

The Watchlist

All registered applicants will have the opportunity to be featured in The Watchlist, WHW Europe’s official directory of women’s health innovators to know, giving companies visibility beyond the pitch stage itself.

Applications close 28 August 2026.

Find out more about WHW Europe.

Apply to pitch at WHW Europe.

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Liverpool uni secures £18.m for women’s health studio and life-saving tech

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The University of Liverpool has secured £1.8m to test a device for postpartum bleeding and launch a new women’s health studio.

The PPH Butterfly is designed to help control postpartum haemorrhage, which is severe bleeding after childbirth and a leading cause of maternal death worldwide.

The funding will support research into how the device can be used in clinical practice and generate evidence to inform its wider adoption.

The university has launched the Women’s Health Innovation Studio, known as the WIN Studio, alongside the project.

The £1.8m initiative is predominantly funded by the National Institute for Health and Care Research, which is providing £1.5m, with additional support from the university.

The PPH Butterfly project will involve a multi-centre clinical trial across the UK and a global feasibility study looking at how practical it would be to use the device in different healthcare settings.

The WIN Studio is led by Andrew Weeks, professor of international maternal health care at the University of Liverpool and a senior investigator at the National Institute for Health and Care Research, and Dr Teesta Dey, a tenure track fellow in the department of women’s and children’s health.

Dr Dey will also lead the PPH Butterfly project.

Its work will cover conditions linked to female biology, including endometriosis, menopause and pregnancy-related complications.

It will also support technologies for diseases that affect women differently or disproportionately, even when they are not usually classed as gender-specific conditions.

Dr Dey said: “Women’s health has often been marginalised within healthcare systems and innovation markets, resulting in treatments, devices and care models that fail to adequately account for women’s specific needs. WIN Studio seeks to change this status quo and reconfigure how health technologies are conceived and delivered.

“The funding from NIHR for this £1.8m project is precisely the kind of innovation the WIN Studio exists to foster: clinically urgent, women-centred, and with the potential to save lives at scale.”

The studio recently hosted an event at Liverpool Women’s University Hospital as part of the Liverpool City Region Combined Authority’s Innovation Investment Fortnight.

Seven innovations are currently undergoing clinical testing through the studio, with three developed internally.

The studio will work closely with NHS University Hospitals Liverpool Group and provide clinical, regulatory and commercial support to people developing women’s health technologies.

It will also involve patients and members of the public in shaping research priorities and product development.

Its wider programme includes collaborations involving clinicians, engineers, economists, academics and policymakers.

The project team says the PPH Butterfly is a simple, low-cost device designed to control severe bleeding quickly and with minimal training.

According to the team, postpartum haemorrhage causes around 70,000 deaths globally each year, equal to about one death every seven minutes.

The device previously received £1.1m in funding from the National Institute for Health and Care Research.

The latest £1.5m grant will support a randomised UK trial, in which participants are allocated to different treatment groups by chance, and a global feasibility assessment.

Weeks said: “In an area where women face deep health inequalities, WIN Studio has a vital role to play. By working in partnership with the NHS, local government and communities, we can ensure that research leads to real-world impact.

“Liverpool has a highly integrated ecosystem of academic, clinical and commercial expertise. By bringing these together under a single platform, the WIN Studio aims to act as a national exemplar for equitable health innovation. Transforming the way medical technologies are developed is essential to addressing gender disparities in healthcare outcomes.”

Another product supported by the university, the LifeStart Trolley, has already reached commercialisation.

The small mobile resuscitation trolley allows newborn care to be carried out at the bedside while the baby’s umbilical cord remains intact, enabling delayed cord clamping.

Delayed cord clamping means waiting before cutting the cord so blood can continue flowing from the placenta to the baby after birth.

Clinical trials conducted around 10 years ago found that life-saving care could be provided successfully at the bedside using the trolley.

It was later commercialised by Inspiration Healthcare and is now used in more than 70 UK maternity units and in 36 countries, including Norway, Italy and the US.

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Why proven women’s health innovations still can’t find a home

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By the Health Innovation Exchange

For more than a decade, femtech’s scale gap has been treated as a funding problem.  What if that diagnosis is incomplete?

Despite growing attention, women founders still receive just 2 per cent of global venture funding, and years of advocacy have failed to shift the needle.

This persistence is no longer just a concern; it signals a deeper structural failure.

This is not just a funding gap.  It is a system failure.

As Pradeep Kakkitill, founder and CEO of the Health Innovation Exchange (HIEx), argues, the sector continues to operate on a flawed assumption.

The belief that better support to founders alone will unlock scale overlooks the deeper structural constraints that determine whether the innovation is adopted at all.

Barriers That Go Beyond Capital

These insights are not theoretical. Global research reinforces that these challenges are not isolated, highlighting structural, financial and systemic barriers that shape how women-led and under-represented ventures access funding, markets and pathways to scale.

Importantly, these findings are not draw from research alone, but from the lived experiences of women and under-represented founders themselves.

Across HIEx-led interviews and focus group discussions conducted as part of the Reckitt Catalyst Programme, founders repeatedly described the same challenges:  fragmented financing, unclear adoption pathways, repeated cycles of proof, and systems that lacked clear routes from validation to procurement and scale.

These experiences suggest that the  barriers facing women-led innovation are not simply financial.  They are structural.

Many high-potential ventures are not failing because funding is absent.

They are failing because the systems that determine scale, including public procurement, regulation and financing, are not built to move proven solutions beyond pilots into widespread adoption.

This is not a founder problem. It is a system design failure.

Beneath these structural constraints sits a more persistent challenge.  Entrenched attitudes shaped by unconscious bias continue to influence decision making.

Across investment and public-sector systems, innovation led by women and underrepresented founders is still frequently perceived as higher risk.

These perceptions shape how opportunities are evaluated, increase the burden of proof placed on founders, and slow decision making.   In practice, this results in systematically higher barriers to both funding and adoption.

Systems Unable to Absorb Innovation

Dr. Abas Hassen, lead executive officer for health innovation and quality at Ethiopia’s Ministry of Health, underscores this point.

The primary constraints are not about innovation quality, but about the systems that determine adoption and scale, including procurement, regulation, financing and delivery.

He identifies three persistent challenges:  institutional resistance to change, “pilot purgatory” where solutions are repeatedly tested but not integrated into public systems, and a disconnect between what external funders support and what governments can sustain.

Ethiopia’s response reflects a broader shift.  Innovation is no longer treated as isolated pilots, but as a structured component of system design.

The country’s system-led innovation model combines regulatory pathways, prioritisation frameworks and structured testing environments to embed innovation directly within the health system.

The implication is clear.

Scaling innovation is not only about accelerating individual ventures alone.  It is about strengthening the systems that determine whether innovation is adopted at scale.

The Missing Middle:  From Pilot to Procurement

In many low- and middle-income countries, public systems remain the largest market for health and WASH solutions, accounting for the majority of service delivery and procurement.

Yet capital is deployed through models that do not reflect this reality, as scaling depends on public-sector adoption, long procurement cycles and regulatory integration rather than rapid returns.

This creates a misalignment within the financial ecosystem, where capital is structured for faster high returns, while impact depends on long-term system integration.

At its core, the challenge is the absence of clear adoption pathways.

Without structured routes from validation to procurement and system-wide use, even effective solutions struggle to move beyond pilots.

This is the “missing middle”, the gap between early validation and large-scale adoption.

The consequences of this “missing middle” are perhaps best illustrated by the founders trying to navigate it.

Temie Giwa-Tubosun, founder and CEO of LifeBank, describes her decade-old company as an “orphan” within existing financial structures, too commercial for impact investors and too impact driven for venture capital.

Businesses operating within health systems often fall between funding models that were not designed for them.

Thato Schermer, co-founder of Zoie Health, describes a similar challenge.

Even companies with strong revenue and clear demand struggle to secure funding at the right stage, as they are assessed through frameworks that do not reflect the healthcare markets.

Across interviews and focus group discussions, these patterns were consistent.

Founders described fragmented financing, unclear adoption pathways, and repeated cycles of proof, where they are asked to keep proving their solutions without a clear route to scale.

These are not isolated challenges.  They reflect how innovation is funded, evaluated and integrated across the system.

The barrier to scale is not a lack of viable solutions.  It is about the systems and models that are not designed to support them.

Reducing Risk Through System Design

From an HIEx perspective, a different approach is emerging, one that focuses not on fixing founders, but on designing how systems manage risk and adopt innovation.

Rather than avoiding risk, Ethiopia is working to manage it through structured processes.

The system is “risk-aware, not risk-averse.”  It uses innovation sandboxes, structured testing environments within public systems that allow new solutions to be evaluated under controlled conditions.

These mechanisms, generate decision-grade evidence while limiting system-wide exposure, creating clearer pathways from validation to adoption.

When innovations are tested within public systems, they gain institutional legitimacy.  This reduces perceived risk for both governments and investors and enables more confident decision making.

From Fragmentation to Coordination

Within this context, initiatives such as Reckitt Catalyst, a multi-partner platform supporting women-led health and WASH innovation to scale, play a critical bridging role.

By connecting entrepreneurs with governments, investors and technical partners, and aligning solutions with national priorities, the programme helps to create clearer pathways from pilot to procurement and scale.

But alignment alone is not enough.

As Pradeep Kakkattil notes, the climate movement offers a useful parallel.  Climate progress was not driven by evidence alone. It accelerated when investors, governments, and institutions began treating inaction as the greater risk.

Sustained pressure exposed the cost of doing nothing, redefined how risk was assessed and ultimately reshaped capital allocation and policy decisions.

Women’s health and WASH innovation is now at a similar inflection point.

Despite years of evidence and advocacy, outcomes such as women receiving a fraction of global funding persist.

This is not due to a lack of solutions. It is because the systems governing investment, adoption and scale have not been sufficiently challenged.

What is required is not incremental progress.

It is a shift in what the system tolerates – how risk is defined, how capital is allocated, and how accountability is enforced.

A System at an Inflection Point

The implications are clear.

Investors must move beyond rigid funding models and deploy capital aligned to how health systems scale.  Governments must build clearer pathways for testing, procurement and adoption.

Ecosystem actors must shift from supporting individual ventures, to enabling system-level integration.

The persistent funding gap is not a result of slow progress; it reflects a system operating exactly as designed. Incremental change will not shift outcomes.

What is required is a fundamental reset of how femtech is financed and scaled:  from passive investment to active market-shaping, where capital, policy, and procurement work together to create real pathways to adoption.

Until that shift happens, the sector will continue to produce innovation that the market is not structured to absorb.

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