Merck and Alydia Health have announced that they have entered into a definitive agreement pursuant to which, after the intended Merck spinoff of Organon, Organon will acquire Alydia Health. Alydia Health is a commercial-stage medical device company focused on preventing maternal morbidity and mortality caused by postpartum hemorrhage (PPH) or abnormal postpartum uterine bleeding. PPH is one of the most common complications…
Cleo, a leading family benefits platform supporting working families in the planning stage through the teenage years, today announced a $40 million Series C investment led by Transformation Capital, with participation from Glynn Capital, PruVen Capital and Gaingels and existing investors Greylock, NEA and Felicis. In conjunction with this round, Transformation Capital Managing Partner, Mike Dixon will join Cleo’s Board. This round…
Healthcare startup Béa Fertility has announced a £800K raise to bring a pioneering at-home fertility treatment to the UK. The round was led by Calm/Storm VC and joined by Q Ventures, and includes an innovation grant from the recent InnovateUK SMART competition. Founded by embryologist David O’Rourke and femtech specialist Tess Cosad, Béa Fertility is focused on democratising access to affordable, effective…
Awkward Essentials, a personal hygiene company with the first after-sex clean up product of its kind, the dripstick, announced the close of a $2.3 million seed round by capital partner Unorthodox Ventures today. As a single-product company, Awkward Essentials will use the investment for innovation, scaling up production, and overall go-to market strategy. “I founded Awkward Essentials to solve a personal need, and it sparked social…
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Canadian femtech startup joni has recently launched a crowdfunding campaign on FrontFundr to attract qualified investors who want to join the company on their mission to make sustainable and innovative period care accessible. This move comes after successfully proving market-fit with their biodegradable, organic bamboo pad last year, coupled with a one-for-one giveback business model. Traditionally, early investment rounds are only accessible…
Atlantic Therapeutics, the Ireland-based company pioneering a non-invasive, wearable treatment for urinary incontinence, today announced it has raised significant new investment from the Dutch Borski Fund and the Western Development Commission in Ireland. The Borski Fund addresses the venture capital gender gap through investments in female-led and femtech companies, and their support for Atlantic Therapeutics is a strong endorsement of the progress…
AMMA Pregnancy Tracker, a femtech platform catering to pregnant women with personalized healthcare recommendations, has received a 250K investment from US venture capital fund SOSV, and will participate in the upcoming 19th cohort of SOSV’s Shanghai-based cross-border accelerator, Chinaccelerator. AMMA Pregnancy Tracker’s evidence-based pregnancy information and personalized recommendations from professional obstetricians and gynecologists allow expecting mothers to track key changes during pregnancy,…