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Most UAE femtech startups focus on women’s wellness and menstrual health. But other subsectors, such as female-focused mental health, are seriously lagging behind. What’s more, the MENA region accounts for less than 6% of the global femtech industry.
Digital infrastructure company Lifen has raised $58M (€51M) in funding, which will go towards working with 1,500 hospitals and 200 eHealth solutions by 2025.
Also, South Korean startup Lunit obtains two new US FDA approvals for its AI diagnostic tools.
2021 Year in Review
This comes roughly two years after Ro inked a deal with Plenity creator Gelesis.
The new skill will let patients verbally communicate with caregivers through Amazon Echo.
The company, founded in 2020, works with health plans.
The tool immediately treats jaundice using phototherapy and sends diagnosis via SMS to carers.
The company has received additional seed funding to split off Centrik.
Also: MedArrive scoops up $25 million for remote care, and maternal health-focused Marani Health closes a seed funding round.