Venture capital money flows into fertility tech Axios

News Summary

  • Yes, but: Although many of the companies in the sector focus on women and their reproductive systems, half of all infertility cases involve problems related to sperm, says Sophia Yen, a Stanford clinical associate professor and CEO of women's telehealth company Pandia Health.
  • In the past few months, 6 early-stage companies have received $85 million in funding, and Maven Clinic became the first maternal and family-health startup to reach unicorn status after a $90 million financing.
  • Illustration: Shoshana Gordon/AxiosFertility technology startups are in the midst of a funding frenzy, reaching more than $800 million in 2022 as demand for fertility services continues to climb.
Fertility technology startups are in the midst of a funding frenzy, reaching more than $800 million in 2022 as demand for fertility services continues to climb. Why it matters Increasing demand is [+2578 chars]