Investment

UK-based Femtech Company Elvie Adds £9.6M in Funding

UK-based femtech startup Elvie has secured £9.6 million in funding. The investment round was backed by existing investors and adds to Elvie’s impressive fundraising history, which includes a £70.7 million Series C round in 2021 and an £18.5 million internal investment in 2022. The company has raised a total of $136 million to date from investors such as BlackRock, Octopus Ventures, and…

Sexual Wellness Brand Playground Expands Retail Presence Following Successful $2M Raise

Sexual wellness brand Playground has announced its availability at Target following its first institutional round of funding. Led by Palm Tree Crew Holdings, Fourward Ventures, Goddess Fun+d, and Amboy Street Ventures, the oversubscribed funding round reached its goal of $2 million. Other participants in the round include influencers such as Dr. Emily Morse of Sex with Emily and Call Her Daddy’s Alex…

Music Stars Ashanti and Nelly Invest in Reproductive Health Company Proov

Proov, the creator of a suite of at-home fertility-related hormone tests, has announced today that an equity share of the company has been purchased by GRAMMY award-winning singer-songwriter, actor and author Ashanti and her fiancé, GRAMMY winning, Double Diamond selling, entertainment icon Nelly. This newscomes off of the duo’s pregnancy announcement via Instagram last week, which featured the Proov Check test. Proov…

Virtual Care Provider Midi Health Secures $60M in Series B Funding to Advance Perimenopause and Menopause Care

Midi Health, a virtual healthcare provider for perimenopause and menopause, has successfully raised $60 million in a Series B funding round. This latest injection of capital, led by Emerson Collective, raises the company’s total funding to an impressive $100 million. Additional investors include GV (Google Ventures), who led the previous funding round, along with Memorial Hermann, SemperVirens, Felicis, Icon Ventures, Black Angel…

Summer Health Secures $11.65M Series A Funding to Expand Text-based Pediatric Support

In a move set to advance pediatric care accessibility, Summer Health, a digital health company, has announced the successful closure of its Series A funding round, securing an impressive $11.65 million. Spearheaded by new investor 7wire Ventures and backed by returning investor Lux Capital, this funding marks a significant milestone for the company’s mission to provide round-the-clock pediatric support to parents. The…

Pelvital Secures Additional $2.32M Seed Plus Funding for Its Flyte Device for Stress Urinary Incontinence

Pelvital, has announced the successful closure of an additional $2.32 million in its seed-plus funding round. This brings the total funding raised to $5 million, exceeding the initial target by $500,000. The investment will accelerate the commercialization of Flyte, Pelvital’s FDA-cleared treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles. “Completing this round is an important step in continuing Pelvital’s…

LunaJoy Health Adds $4.2M in Funding; Launches ‘LunaCare’ for Women’s Mental Health

LunaJoy Health is making strides in addressing maternal mental health with the introduction of LunaCare, an integrated care program aimed at enhancing outcomes in maternal mental health. The initiative comes on the heels of securing $4.2M in new funding, supported by a consortium of investors, including Y Combinator, FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures, NorthSouth Ventures, and seasoned healthcare…

Chiyo Raises $3M to Expand Postpartum Nutrition Support

Chiyo, a food-as-medicine startup, has successfully secured $3 million in funding to bolster its efforts in providing personalized nutrition support for postpartum mothers. Led by early-stage investor Bread & Butter Ventures, this investment round signifies a significant step forward for Chiyo as it scales its meal delivery service and digital health platform. Founded by Irene Liu and Jennifer Jolorte Doro, Chiyo offers…