NaturalCycles Mulls New Round Bigger Than Prior $55 Million

NaturalCycles Nordic AB's NC Band and App.Source: NaturalCycles Nordic

NaturalCycles Nordic AB, the Swedish developer of a birth-control app, is considering launching a new financing round next year as it looks to expand to new markets and boost use by American women.

The funding could exceed the $55 million it raised last spring, which brought total investments in the company to almost $100 million, according to Chief Executive Officer Raoul Scherwitzl.