Caraway, a digital healthcare firm focusing on Gen Z, has secured $16.75M in Series A funding. The round was led by Maveron and GV, with participation from 7wireVentures, Hopelab Ventures, Wellington Access Ventures, Ingeborg Investments, and The Venture Collective. OMERS Ventures, a seed stage investor in Caraway, will remain on the Board. The company came out or stealth in July 2022 after…
Australian remote healthcare company Midnight Health has raised $24M in Series B funding leb by nib, an insurer and strategic investor, bringing the company’s total funding since inception in 2021 to $40M. The capital injection will support Midnight Health’s growth throughout Australia, will boost IT infrastructure, and help the company refine its service platforms. Nic Blair, Midnight Health’s CEO, comments: “We’re really…
In a breakthrough development for men’s sexual health, the US Food and Drug Administration (FDA) has granted over-the-counter (OTC) marketing authorization to Futura Medical’s topical gel, MED3000, a first-of-its-kind treatment for erectile dysfunction (ED). The quick-acting gel formulation, delivered through Futura’s proprietary DermaSys drug delivery technology, starts working within 10 minutes of application, promising an innovative solution for millions of men globally.…
Seattle-based biotech company, Mozart Therapeutics, has successfully raised an additional $25M in Series A financing, increasing the total funding to $80M. The company plans to channel these resources into the clinical development of their first therapeutic candidate, MTX-101, along with pipeline expansion. New investors in the round include Pfizer Ventures, AbbVie Ventures, Ono Venture Investment, and UPMC Enterprises. This additional financial commitment…
Anise Health, a digital mental health platform designed to provide culturally-responsive mental health care for people of color, has successfully closed a pre-seed funding round worth $1.2 million, led by Kicker Ventures. Other investors include Gold House Ventures, Allston Venture Fund, and a range of strategic angel investors. Anise Health was founded by Harvard grads Alice Zhang and Nisha Desai in 2022.…
Oova, a women’s health and fertility startup, has secured $10.3 million in Series A funding for its at-home fertility tracking approach. The company offers the Oova Kit, an FDA-registered at-home urine test that measures luteinizing hormone and progesterone. The test provides personalized analytics and real-time action plans, helping women identify fertile days and confirm ovulation. Although focused on fertility for now, the…
Pomelo Care, a virtual care startup dedicated to improving maternal and newborn health outcomes, has secured $25M in Series A funding led by Andreessen Horowitz. This investment will fuel Pomelo’s expansion of partnerships with major health plans, including Medicaid managed care organizations, employers, and leading academic medical centers. Pomelo Care closed an $8M seed round co-led by Andreessen Horowitz and First Round…
Toronto-based Twig Fertility, a fertility care platform, has recently concluded its Series A financing round, securing $8M in funding. The round was led by Rhino Ventures, a venture capital firm specialized in healthcare technology investments. This financial backing marks an important milestone for Twig Fertility, enabling the company to advance its platform, expand services, and provide support to individuals and couples on…
