May 31, 2023  -  Investment Round-upsNews

Femtech Investment Round-up (May 2023)

At the beginning of each month, we look back and share which companies have announced new funding rounds. Below is May 2023’s round-up.

Embr Labs raises $35M in debt financing for its thermoregulating wristband for women going through menopause.

Intrinsic adds $15M to build a next-gen women's health platform business.

Amsterdam-based sextech startup Quinky secures €100K from Antler.

Mate Fertility closes a $5.2M Series A to make fertility care more accessible.

Rosy Wellness secures $1.2M to further democratize women's sexual health

Singaporean telehealth platform ORA adds $10M in Series A funding.

New York-based BBy raises $3M in seed funding to reinvent breast milk management in hospitals

Singapore-based cycle care startup Blood raises $1.5M in Series A funding.

Female-led neurology clinic Neura Health adds $8M in seed funding.

Kallyope receives $8.3M from the Gates Foundation to identify novel interventions for undernourished infants and pregnant women.

Ireland-based Amara Therapeutics adds €3M to evolve its DTx product beyond overactive bladder support.

Caregiving startup Wellthy adds $25.5M; acquires end-of-life support platform Lantern.

Stella secures $7M for its trauma-focused hybrid mental healthcare solution.

German DTx startup HelloBetter adds $7M to fund its US expansion plans.

Teton.AI raises $5.3M to scale its AI-supported nursing companion internationally.

Mi Alma raises $1.5M in pre-seed funding for its platform supporting families dealing with grief.

JP Morgan's Morgan Health invests $25M in fertility benefits provider Kindbody.

Women-led practice management platform Practice Better adds $27M in funding to invest in growth.

TARA Mind, a mental health startup enabling safe and affordable access to psychedelic-assisted therapy, raises $3M in pre-seed funding.

Former Tinder CEO raises pre-seed funding for new AI-based Gen X relationship coaching app.

Acquisitions

Bumble acquires popular Gen Z dating app Fruitz.

OURA double down on privacy and plans to expand beyond health with the acquisition of digital ID startup Proxy.

Indian healthtech startup Bonatra acquires MyAva, a mobile-first women's health and wellness platform.