Three women-focused startups from the UK have been chosen to join Morgan Stanley’s Incubator for Inclusive Ventures. With its mission of funding and growing companies working on solving pertinent problems in women’s health, this is a highly selective accelerator incubation program for a select few. HANX, Ovum, and Juniver are expected to receive many resources from the startups such as mentorship, investment, and business development.
Mission of HANX
HANX is a consumer-focused on female reproductive health. HANX was co-founded by Dr. Welsh and Farah Kabir offering a portfolio of condoms and other intimate care products that are free from detrimental chemicals. It also supplies prescription solutions and social accounts to raise awareness and promote women’s reproductive rights.
HANX’s mission is to normalize the discussion of sexual health and give women access to quality and safe products. The collaboration with the Inclusive Ventures Lab will help HANX diversify its product offering and target a wider audience. The guidance and resources provided by Morgan Stanley will be crucial in expanding HANX ’s operations and improving its contribution to improving women’s health.
Image Source: Hanx
Mission of Ovum
Ovum is another promising startup in the Inclusive Ventures Lab group of companies. This company specializes in ensuring that women get the best fertility services possible. Ovum’s system provides fertility profiling, recommendations on the fertility doctor, and various types of treatments. The idea is to simplify fertility treatments and reduce the amount of pressure that women feel while going through the process.
Ovum Clinic specializes in fertility treatments and provides high-quality services founded by Dr. Emma Cannon, a professional fertility specialist. Ovum’s selection into the Inclusive Ventures Lab comes with benefits it can use to expand the company’s platform with assistance from Morgan Stanley. Ovum’s involvement in the program further highlights the expanding role of fertility health in the overall spectrum of healthcare.
Image Source: Ovum
Mission of Juniver
Juniver is a young tech company that offers new approaches to women’s menstrual cycle control. Juniver also has a subscription service that provides organic tampons, pads, and menstrual cups as per the needs of the client. Juniver also offers information for women and their education regarding their menstrual cycles and how they can be treated.
Ms. Laura Douglas created Juniver which focuses on sustainability and clear practices and policies. It operates sustainably in the production of its products and ensures that they are sourced from the right places. The subscription service developed by Juniver is to become part of Inclusive Ventures Lab to grow its service and create more new products. The sponsorship from Morgan Stanley will be instrumental in ensuring that Juniver fulfills its vision and mission for improving MHH among women.
Image Source: Juniver
Morgan Stanley’s Inclusive Ventures Lab
The Inclusive Ventures Lab of Morgan Stanley is a five-month program targeted at early-stage startups that have high growth potential. Included in the program, participants are given up to 250,000 USD in investment, professional consulting by established members of the industry, and connections to other investors and entrepreneurs. Inclusive Ventures Lab has been in existence for a while now, and it has been instrumental in supporting over 100 startups to grow and even reach big milestones in their business.
HANX, Ovum, and Juniver joining the 2024 cohort prove that female health is becoming a valued segment in the startup sphere. These companies are providing solutions to essential unmet needs in reproductive health, fertility, and menstrual health management. This will enable them to gain the needed support for their growth while also drawing attention to the role that they play in enhancing the well-being of women.
Conclusion
The investment in HANX, Ovum, and Juniver by Morgan Stanley’s Inclusive Ventures Lab is a major development for the femtech market. These are companies that are currently pioneering the services relating to women’s health and they will enhance their services by participating in this program. Through partnerships with Morgan Stanley, HANX, Ovum, and Juniver they are set to create a positive impact on women’s health and wellness.
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