Femto Technologies Secures $17 Million in Private Placement Funding for Femtech Innovation

February 28th, 2025 9:26 PM
By: Newsworthy Staff

Femto Technologies Inc. has successfully closed a private placement offering of $17 million, providing critical capital to advance its Sensera feminine wellness technology. The funding will support the company's ongoing research and development in the emerging femtech sector.

Femto Technologies Secures $17 Million in Private Placement Funding for Femtech Innovation

Femto Technologies Inc., a pioneering femtech company, has completed a significant private placement, raising approximately $17 million through the sale of common shares and investor warrants. The financial transaction, which closed on February 28, 2025, represents a strategic investment in the company's innovative feminine wellness technology.

The offering consisted of 4,076,736 Common Units, each comprising one common share or pre-funded warrant, along with two series of warrants allowing for future share purchases. Investors can acquire additional shares at exercise prices of $5.21 and $12.51 per share, with warrant terms ranging from 30 to 60 months.

The company plans to allocate the net proceeds toward general corporate purposes and working capital, which could potentially accelerate the development of its flagship product, Sensera. This wellness device, which utilizes proprietary Smart Release System (SRS) technology incorporating machine learning and artificial intelligence, has already garnered recognition as a CES Innovation Awards® 2025 Honorary in the AI category.

The private placement signals growing investor confidence in femtech, a sector focused on addressing women's health and wellness through technological innovation. By securing substantial funding, Femto Technologies positions itself to further research and potentially expand its product offerings, addressing critical gaps in feminine wellness technologies.

The transaction was conducted exclusively with accredited investors and structured to comply with securities regulations. Aegis Capital Corp. served as the exclusive placement agent, with legal counsel provided by Louis A. Brilleman, P.C. and Kaufman & Canoles, P.C.

While the company emphasizes that its current devices are in the initial development stage and subject to extensive testing and regulatory approvals, the substantial investment suggests significant market potential and technological promise in the femtech landscape.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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