Apr 2, 2019

Women’s health tech developer Elvie raises $42 million

One of Elvie's products is a silent, wearable breast pump. Photo: Katie Rollings/Getty Images

Elvie, a U.K.-based developer of connected tech hardware for women's health, including a silent, wearable breast pump, raised $42 million in Series B funding. IPGL led, and was joined by Octopus Ventures and Impact Ventures UK.

Why it matters: VCs are finally beginning to invest in a massive market that had previously been avoided due to both demographic-driven ignorance and legacy stigma.

The bottom line: "Boler says reiterating some key statistics has helped during its latest fundraise, including the fact that in the U.S. alone, 80% of women breastfeed but many must stop earlier than recommended due to a lack of support from employers and health care providers as well as the fact that one in three women suffer from pelvic floor problems after giving birth. And of course, her pitch deck contains the kind reminder that women do make up half the population." — Tanya Klich, Forbes

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Alaska becomes latest state to issue coronavirus stay-at-home order

Data: Axios reporting; Map: Danielle Alberti/Axios

All Alaskans in the state are under a mandate to "remain at their place of residence and practice social distancing" except for those engaged in essential services, including health care and government functions.

The big picture: This is the latest state to announce policies to enforce social distancing. More than 1.5 billion people worldwide were asked to stay home Monday.

Go deeperArrowUpdated 10 mins ago - Health

Hungary's Viktor Orbán granted sweeping powers amid coronavirus crisis

Viktor Orbán. Photo: Michal Cizek/AFP via Getty Images

Hungary's parliament passed a law Monday to allow Prime Minister Viktor Orbán almost unlimited power, for an indefinite period, to fight the coronavirus outbreak.

Why it matters: Hungary has taken a sharply authoritarian turn over the past decade under Orbán, and its likely that he and other strongman leaders around the world will seek to maintain powers they gain during the current crisis long after it's over.

Go deeperArrow45 mins ago - World

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:30 a.m. ET: 737,929 — Total deaths: 35,019 — Total recoveries: 156,507.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 9:30 a.m. ET: 143,055 — Total deaths: 2,513 — Total recoveries: 4,865.
  3. Federal government latest: The White House will extend its social distancing guidelines until April 30.
  4. Trump latest: The president brushed aside allegations that China is spreading misinformation about the origin of the coronavirus on "Fox & Friends."
  5. Business updates: Americans are calm about their retirement savings despite coronavirus fallout.
  6. World updates: Israeli Prime Minister Benjamin Netanyahu will self-isolate after an aide tested positive for coronavirus.
  7. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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