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The Sextech Startup Market Is Heating up Ahead of a 'Hot Vax Summer'

Crystal Cox/Business Insider
Startup founders and investors say the sextech category has never been hotter.
Half of adult Americans have gotten a COVID-19 vaccine, and that could lead to more sex this summer.
Venture capital funding is flowing to these startups, as investors warm up to the vice category.
Last year, Cake, a sexual health and wellness startup, sold more coconut oil moisturizing cream made for men s masturbation than any other product it offers.
Now, as more people get a COVID-19 vaccine and leave their homes to mingle, the company says it s seeing an uptick in sales of lubricants and cleansing wipes created for couples sex. ....

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Everlywell Appoints Former U.S. Surgeon General Regina Benjamin, MD to its Board of Directors

Everlywell Appoints Former U.S. Surgeon General Regina Benjamin, MD to its Board of Directors
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round – TechCrunch

Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round
At-home health testing kit startup Everlywell has raised $75 million, following the close of the $175 million Series D it announced in December. The new funding comes from HealthQuest Capital, and sees the fund’s founder and managing partner Dr. Garheng Kong join the company’s board of directors. Everlywell will use proceeds of this financing to provide liquidity to existing investors, so the startup’s $1.3 billion valuation from December still holds.
HealthQuest Capital’s investment portfolio has a heavy focus on commercialization of diagnostics businesses, and the company’s parent obviously has a board network of partners including hospitals and healthcare payers, both of which are going to be very strategically useful to Everlywell as it looks to scale its business on the enterprise side. ....

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FDA approves a COVID-19 over-the-counter test you can give to yourself

The first COVID-19 test that can be performed entirely at home was cleared by U.S. regulators on Tuesday, and it can be acquired without a prescription.
While availability will be limited initially, the new test and others in development could make virus screenings as accessible as over-the-counter pregnancy tests in the U.S. for the first time. The advance follows months of criticism that the Food and Drug Administration has been too slow to approve rapid home tests for the virus.
Manufactured by East Brisbane, Australia-based Ellume, the self-administered, single-use nasal swab test is small enough to fit in the palm of a person’s hand. It detects proteins on the virus’s surface in 15 minutes and delivers results to an app. ....

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Springboard Enterprises Appoints Natalie Buford-Young As CEO

Springboard Enterprises Appoints Natalie Buford-Young As CEO
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