Female-led Carewell, an e-commerce company dedicated to aiding family caregivers, has announced the completion of a $24.7 million Series B funding round to enhance their online platform dedicated to home health products. The funding was spearheaded by MBF Healthcare partners, accompanied by contributions from existing backers including Sageview Capital and Headline. Additional investors in this round include Primetime Partners, Nextview, Florida Opportunity…
Yuzi, led by founder Stephiney Foley, brings a fresh perspective to maternal health. With firsthand experience of postpartum challenges, Foley’s vision for Yuzi is centered on redefining the post-delivery experience for new mothers in the US. Inspired by cultural traditions like “zuo yuezi,” Yuzi blends tradition with modernity, offering retreat experiences prioritizing comprehensive care, confidence-building, and community support. Set to launch its…
Coroflo, an Ireland-based medtech startup, has secured €2.8 million in equity funding to launch its breastfeeding monitor, named Coro. This latest round of funding brings the total equity investment in the company to €4.2 million. The Coro device, featuring a patented micro-flow meter within a standard silicone nipple shield, aims to provide real-time data on milk flow to nursing mothers, addressing concerns…
Owlet, a company specializing in smart infant monitoring technology, has recently launched BabySat, a new FDA-cleared pulse oximetry monitoring system for infants with specific health needs. This development follows closely after the company’s introduction of the FDA-cleared Dream Sock, expanding its portfolio of medical-grade, at-home monitoring devices. The BabySat is designed to provide accurate and reliable vital sign tracking for infants aged…
Annabella, an Israel-based company specializing in breast pump technology, has raised $8.5M in seed funding to expand into the U.S. market. This round of funding includes contributions from notable investors such as Yasmin Lukatz from Israel Shark Tank, Oren Dobronsky, Zohar Gilon of Tamar Technology Ventures, and Menachem Weinfeld of Starry Group. The seed funding also comprises over $3M from Israel’s fastest…
Medtech company Lilio Health has successfully completed a seed funding round, raising €2.2M. The company’s flagship product, the Lilio baby sensor bracelet, offers parents real-time insights into their child’s health. The Lilio baby sensor bracelet’s compact sensor module continuously tracks vital well-being indicators and transmits the data directly to parents’ smartphones. Designed for round-the-clock use, the device’s ergonomic design ensures comfort for…
Owlet, a frontrunner in smart infant monitoring technology, has recently obtained De Novo clearance from the U.S. Food and Drug Administration for its Dream Sock product. This marks a significant development in infant care technology as Dream Sock stands as the only over-the-counter, medical-grade pulse oximeter designed specifically for infants. The Dream Sock by Owlet is engineered to keep track of a…
In an effort to address the pressing issue of caregiving for ill loved ones, Family First, a Boston-based employee benefits company, recently raised $11M in a Series A funding round. The company’s mission is to assist families with caregiving needs and alleviate the staggering financial toll it takes on families, amounting to a staggering $522 billion in lost annual income in the…
