Tech Company Financing Transactions
Natural Cycles Funding Round
Natural Cycles, based in Stockholm, secured $7 million from Samsung Ventures, Bonnier Ventures and EQT Ventures.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Through this investment and partnership, Natural Cycles' fertility technology will support the Cycle Tracking feature integrated into Samsung's Galaxy Watch5 series, which will be available in 32 markets, being the first time Natural Cycles' algorithm has been adapted for a smartwatch.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Sankt Eriksgatan 63B
Stockholm, 112 34
SE
Stockholm, 112 34
SE
Phone
Undisclosed
Website
Email Address
Overview
We have developed the only digital method of birth control cleared by regulators both in the US and in Europe. Effective, natural, and backed by clinical research - Natural Cycles has been cleared by the US FDA and CE marked in Europe. Today we have a growing user base, who are happy to have found a method of birth control that is right for them and that allows them to get to know their bodies and cycles. No matter what your choice is, we believe that every woman should know that understanding how your cycle works matters.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raoul Scherwitzl
Chief Financial Officer
Simon Afeworki
Co-Founder
Elina Berglund
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