NaturalCycles Mulls New Round Bigger Than Prior $55 Million
NaturalCycles, a Swedish company that developed a birth control app, is considering a new financing round for 2023. The company had previously raised $55 million in a funding round. The new round is expected to be larger than the previous one, as the company aims to expand into new markets, particularly the United States, and increase the app's usage among American women. NaturalCycles has positioned its app as a natural, hormone-free alternative to traditional birth control methods. The company is looking to capitalize on the growing demand for digital health solutions and the increasing interest in natural contraceptive options. The details of the upcoming financing round, such as the targeted amount or potential investors, have not been disclosed.
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