Femto Technologies Inc., a FemTech company developing innovative wellness products, has completed a private placement transaction raising approximately $17 million. The offering involved the sale of 4,076,736 Common Units at $4.17 per unit, which include common shares, Series A warrants, and Series B warrants.
The financing is significant for Femto, which is developing Sensera, a feminine wellness device leveraging proprietary Smart Release System (SRS) technology incorporating machine learning and artificial intelligence. The company recently received recognition as a CES Innovation Awards® 2025 Honorary in the AI category.
The capital raised will be used for general corporate purposes and working capital, providing Femto with financial resources to advance its product development and market strategies. The transaction was exclusively managed by Aegis Capital Corp., with legal counsel provided by Louis A. Brilleman, P.C.
The private placement represents a strategic financial move for Femto, enabling continued investment in its FemTech innovations and potentially accelerating the development of its wellness technologies. The company's focus on bridging feminine wellness and advanced technological solutions positions it at the intersection of healthcare innovation and consumer technology.
