Global Funding Sprouts for Reproductive and Pelvic Health | StartUp Health Insights: Week of Jun 4, 2024
This week's health innovation funding round-up highlights a global focus on women’s health with a flurry of investments in fertility and pelvic health solutions, alongside advancements in AI-powered cancer treatment prediction, mental health insurance platforms, and cost-saving pharmacy automation.
This week’s reported health innovation funding included:
Natural Cycles, a Stockholm, Sweden-based maker of a fertility app with regulatory clearance for use as birth control, raised $55M led by Lauxera Capital Partners, with participation from Point72 Private Investments. <source>
AcuityMD, a Boston, MA-based med tech sales and analytics software provider, raised $45M led by Iconiq Growth, with participation from Atreides Management, Stepstone Group, Redpoint Ventures, Benchmark Capital, and Artisanal Ventures. <source>
Gameto, a New York, NY-based biotechnology company dedicated to advancing treatment options in fertility and women's health, raised $33M led by Two Sigma Ventures with RA Capital, and participation from Insight Partners, Future Ventures, BOLD Capital Partners, Ingeborg Investments, and individual investors. <source>
Valar Labs, a Palo Alto, CA-based developer of computational histology AI (CHAI) tests for predicting response to cancer therapies, raised $22M led by DCVC and Andreessen Horowitz (a16z) Bio + Health, with participation from Pear VC. <source>
ifeel, a Madrid, Spain-based mental health insurance platform, raised $20M led by FinTLV Ventures and Korelya Capital, with participation from SCOR Ventures, Nauta, and UNIQA Ventures. <source>
Materna Medical, a Mountain View, CA-based startup focused on women’s pelvic health, raised $20M led by InnovaHealth Partners, with participation from Wavemaker Three-Sixty Health, Kimera Limited, Women’s Venture Capital Fund, Golden Seeds, Band of Angels, and Houston Angel Network. <source>
Plenful, a San Francisco, CA-based AI workflow automation platform streamlining pharmacy and healthcare operations, raised $17M led by TQ Ventures, with participation from Bessemer Venture Partners, Mitchell Rales, Susa Ventures, and existing investors. <source>
Truveris, a Wilmington, DE-based health tech company focused on decreasing prescription costs for employers and their members, raised $15M led by Canaan Partners and New Leaf Venture Partners. <source>
Updoc, an Australian telehealth startup, raised A$20M ($13.2M) from Bailador. <source>
Rhea, a Singapore- and New York, NY-based reproductive health service provider, raised $10M led by Thiel Capital, with participation from LifeX Ventures, Blue Lion Global, and FJ Labs. <source>
Weave Bio, a New Haven, CT-based developer of an AI-native regulatory automation and lifecycle management (ReALM) platform for pharma and biotech companies, raised $10M co-led by Innovation Endeavors and Magnetic Ventures. <source>
Axena Health, a Newton, MA-based medical device company focused on female pelvic health, raised $9.4M led by Cross-Border Impact Ventures (CBIV), with participation from AXA IM Alts, KOFA Healthcare, and Avestria Ventures. <source>
Posterity Health, a Denver, CO-based center for male reproductive health, raised $6M led by FCA Venture Partners, and supported by Distributed Ventures and WVV. <source>
Keragon, a Boston, MA-based provider of an AI-powered HIPAA-compliant automation platform for healthcare, raised $3M led by Focal and Afore, with participation from 25madison and Lifepoint Health. <source>
Kalogon, a Melbourne, FL-based company that specializes in smart seating solutions, raised $1.2M from Sawmill Angels, M7, SeedFundersOrlando, and AARP. <source>
Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.
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