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UAE leads femtech in the Gulf – but major challenges remain mobihealthnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobihealthnews.com Daily Mail and Mail on Sunday newspapers.
The SME Story: Faris Mesmar, co-founder and managing partner of hatch & boost 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The SME Story: Faris Mesmar, co-founder and managing partner of hatch & boost Hatch & Boost is an Abu Dhabi-based venture builder dedicated to hatching startup ideas and boosting them into scalable ventures in the Middle East What is the concept behind hatch & boost? We are an Abu Dhabi-based venture builder dedicated to hatching startup ideas and boosting them into scalable ventures in the Middle East. We employ a model which offers hands-on support from a startup’s earliest stages through to taking them to market. Having already launched two successful tech startups, with another three in stealth, we aim to fill the gaps in early-stage startup development and reduce the rate of startup failure through the utilisation of a shared pool of resour ....
Is the Mena region ready for femtech? Image courtesy of Shutterstock Amid the boom in healthtech over this past year, there is one sector that is now experiencing greater interest - femtech. This sector focuses solely on women’s health, from fertility and period-tracking apps to pregnancy care and sexual wellness. Several female-focused, tech-enabled startups have emerged in the Middle East and North Africa (Mena) region, keen to provide women with products and services related to their health. But while interest has been gathering pace, there is still a large gap in terms of financing allocated to femtech startups. Globally, the femtech market is set to be worth $50 billion by 2025 according to research firm Frost & Sullivan which calls femtech the “next big phenomenon” in the women’s health market. Last year $1.3 billion was invested in this space, a substantial amount at first glance, but a pithy one when compared to the $300 billion invested by venture ....