Backpack Healthcare, a provider of online pediatric mental healthcare, has closed $14 million in Series A funding. The round was led by PACE Healthcare Capital and saw participation from ECMC, Techstars, and Collab Capital, among others. The escalating youth mental health crisis in the United States has underscored the critical need for accessible mental health solutions. With over 40 million children relying…
The first successful IUD and transcervical procedures using Aspivix’s non-traumatic Carevix were performed in the U.S. This milestone underscores the potential of Carevix to offer a gentler alternative to traditional methods. The procedures were performed by Alissa M. Conklin, MD., Assistant Professor of Clinical Obstetrics and Gynecology at Indiana University School of Medicine. She shared: “The suction was perfectly adequate and easy…
Brooklyn-based startup Mae Health has successfully closed an oversubscribed seed funding round, led by Jumpstart Nova, with a focus on improving Black maternal health outcomes. This investment round also saw participation from prominent investors such as the Astia Fund, Impact Engine, Joyance Partners, and Gratitude Railroad, alongside early investors RH Capital, Avestria Ventures, Bright Ventures, and the Social Starts Health & Happiness…
Solarea Bio, a US-based clinical-stage biotech company, is pioneering a new approach to bone health management with the beta launch of Bondia. The company is dedicated to leveraging microbial diversity to develop innovative solutions for managing inflammatory diseases. Through its consumer health brand, Journa, the company aims to improve human wellbeing with clinically tested and naturally formulated medical food products. Bondia, a…
Every Thursday we send out a curated newsletter on all things femtech and women’s health innovation. This is an excerpt from the latest edition. If you’d like to subscribe, you can do so at the bottom of this page. Highlights Testmate Health secures $6M in seed funding for game-changing at-home rapid STI test. Dandi secures $1.3M in funding to enhance the fertility care experience with novel ‘IVF Care…
Teal Health, headquartered in San Francisco (USA), has achieved a significant milestone in its mission to improve cervical cancer screening options. The company has been granted Breakthrough Device designation by the US Food and Drug Administration (FDA) for its at-home self-collect cervical cancer screening device, the Teal Wand. This designation follows the successful completion of Teal Health’s clinical trial. The trial surpassed…
Dandi, a platform dedicated to improving the fertility care journey, has raised $1.3 million in funding from investors including Tiferes Ventures, Ruttenberg Gordon Investments, Winklevoss Capital, and the WeWork Alumni Fund. The funding round aims to bolster Dandi’s offerings and expand its reach in supporting individuals facing fertility challenges. With infertility on the rise, Dandi recognizes the need to address the multifaceted…
Samsung Medison, a global medical equipment company affiliated with Samsung Electronics, has finalized an agreement to acquire 100% of the shares of France-based Sonio, a fetal ultrasound AI software company. Established in 2020, Sonio focuses on improving women and children’s health globally through medical advancements. The company specializes in developing IT solutions and AI assistant features for obstetrics and gynecology ultrasound, aiding…
