Investment

Menopause Startup Vira Health Raises a £1.5M Seed Round to Invest in Product Development

London-based menopause startup Vira Health has raised a £1.5M from LocalGlobe, MMC Ventures and a number of angel investors. The new funds will be used for product development and to expand the team. Founded in 2020 by Andrea Berchowitz and Rebecca Love, Vira Health aims to make personalized menopause care accessible to all women by reducing the prevalence of later life conditions…

Femtech Startup Veera Health Raises a $3M Seed Round to Help Indian Women Manage Their PCOS Symptoms

Femtech startup Veera Health has raised $3M in funding co-led by Sequoia Capital India’s Surge and Global Founders Capital for its digital therapeutics platform that supports women with PCOS in India. Other participants include Y Combinator, CloudNine Hospitals’ cofounder Rohit M.A. and Tinder India hear Taru Kapoor. Veera Health was founded by sisters Shobhita and Shashwata Narain in August 2020. The platform…

Femtech Investment Round-up (July 2021)

At the beginning of each month, we look back and share which companies have announced new funding rounds. Below is July 2021’s round-up. You’ve found some of our exclusive Inner Circle Content. This article is only available for our Inner Circle Members. To read on: Sign in to your Inner Circle account to access this content. If you aren’t a member yet…

Medical Device Company Materna Medical Raises $10M to Accelerate Growth

Materna Medical, a clinical-stage medical device company, has announced the completion of a $10 million Series A2 financing round. The round was led by Wavemaker Three-Sixty Health (Wavemaker 360) with new investors including Kimera Limited, Women’s Venture Capital Fund, Golden Seeds, Black Capital, Shatter Fund, and Astia Angels. Key existing investors also joined the syndicate including Band of Angels, Texas Halo Fund,…

B2B Women’s Health Platform Peppy Raises a £6.6M Series A

B2B Women’s Health Platform Peppy has raised £6.6M led by Felix Capital to further scale its digital health platform dedicated to menopause, fertility, pregnancy, and early parenthood. Previous investors Hambro Perks, Outward VC and Seedcamp also participated. The U.K. based company was founded in 2018 and offers consultations with experts in various ways. Services can be accessed via an app, that features…

Femtech Company Elvie Raises a £58M Series C to Invest in Product Development and Growth

Leading UK-based femtech company Elvie has just announced the closing of a £58M Series C. The round was led by BFG with participation from funds and accounts managed by BlackRock, a consortium including Hiro Capital and Westerly Winds, Octopus Ventures and PPGL. Elvie was founded in 2013 by Tania Boler. Its current product line-up includes Elvie Trainer, an app-connected Kegel trainer, Elvie…

Female DTC Gut Health Brand her1 Closes a €5.5M Series A to Invest in Growth and Product Development

Women’s wellness brand her1 has announced the closing of €5.5M Series A let by Five Seasons Ventures. The DTC company sells plant-based products that support female gut health. The investment will be used to further grow in the European market and for new product development. Other participants in the round were previous seed investors Rheingau Founders and IBB Ventures. her1 was founded…

Women’s Wellness CBD Brand House of Wise Raises a $2M Seed Round to Invest in Growth

Female-founded CBD brand House of Wise has raised $2M in seed funding to improve the lives of women everywhere through community, content, and trustworthy CBD products. The round was led by Sugar Capital, with participation from Selva Ventures, Max Ventures, Dream Ventures, and notable strategic angels NBA Star Baron Davis, Fabletics Co-founder Jack McCue, Former President & COO of Focus Brands, Kat Cole, and leading millennial women’s podcast…