Femasys secures $4M for women's healthcare device development

Women's healthcare device company Femasys raised $4 million, a cash infusion the Bethesda, MD company plans to use to advance product development and commercialization for its products. The money comes from GE Capital's healthcare financial services in the form of a multi-draw senior secured term loan facility. Femasys' products are designed to be used in the doctor's office, including the FemVue Saline-Air device, which helps assess a patient's fallopian tubes. Release