Nabta breaks down Femtech barriers
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Nabta Health is playing a key role in the region’s Femtech market. The Femtech sector focuses solely on women’s health, from fertility and period-tracking apps to pregnancy care and sexual wellness. Nabta is one of 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.
One startup that has slowly been breaking down the barriers is UAE-based Nabta health, a platform that provides health insights and diagnostic services on issues surrounding fertility, conception, and overall health. The company is planning to expand to Saudi Arabia and is targeting a Series A round later this year.
“We were told several times by investors and people that you won’t find the support and the interest here to invest and build a women healthtech company,” says Sophie Smith, co-founder and CEO of Nabta Health. “We said there’s definitely a need, there’s definitely a demand, and there’s a gap in the market. Ultimately, the investor will preposition those who fill gaps in the market.”
Read the full Wamda article
