💸 Delfina Raises $17M for its Maternal Healthcare Platform
FemWealth Issue #195
Hi FemWealth Friends,
In the Spotlight 💸
Co-founded by Eliza Nguyen, MD, MPH and Isabel Fulcher, PhD, Delfina is an AI-powered maternal healthcare platform that combines predictive analytics with tailored interventions to improve maternal and infant health outcomes.
The San Francisco-based startup raised $17 million in a funding round led by US Venture Partners and joined by ARTIS Ventures, Mayo Clinic, Tokio Marine Future Fund, Story Ventures, SemperVirens VC, Bread and Butter Ventures, Boutique Ventures, and Metrodora Ventures.
FemWealth Favourites ❤️
Startups: Hone Health Secures $33 Million Series A to Evolve Into a ‘Longevity Adviser’ Platform (WWD $) - Co-founded by Alba Mertira, Hone Health is a telehealth startup focused on longevity care. The New York-based company secured a $33 million Series A round from Tribe Capital, PIF, Republic Capital, Vibe VC, Humbition, Hanwha, Gaingels, Looking Glass Capital, FJ Labs, and Agent Capital.
Formance raises $21M to build the AWS for fintech infrastructure - Co-founded by Anne-Sybille Pradelles, Formance is an open source, programmable financial ledger that can track all financial assets of an enterprise’s accounts. The New York and Paris fintech infrastructure startup raised a $21 million Series A round co-led by PayPal Ventures and Portage, with additional support from Y Combinator, Hoxton Ventures, and Axeleo.
Nue Raises $20M to Drive the Next Evolution in Revenue Lifecycle Management - Co-founded by Tina Kung, Nue is a revenue lifecycle management startup that helps B2B SaaS businesses manage their revenue processes. The San Francisco startup raised $20 million in a Series A round led by Inovia Capital. Information Venture Partners, Bluefish Capital, NextWorld Capital, NJP Ventures, and Operator Stack Fund also joined.
Sound Blade Medical Closes $16.5 Million Series A Financing to Advance the Development of Innovative Handheld Histotripsy Therapy - Co-founded by Hannah Brown, MHA, Sound Blade Medical is developing handheld ultrasound technology. The Canadian medtech startup raised $16.5 million in a Series A round co-led by Amzak Health and Lumira Ventures and joined by Invest Nova Scotia.
Oxyle raises $15.7M to destroy PFAS in water - Co-founded and led by Fajer Mushtaq, Oxyle develops technology for removing pollutants from wastewater. The Zurich, Switzerland-based startup raised $15.7 million in Seed funding co-led by 360 Capital, with Axeleo Capital, Founderful, and SOSV also joining in.
Former Google VP raises $10M for new startup building AI agents for retail businesses - Co-founded and led by Maria Zhang, Palona AI develops customer-facing AI agents for retail businesses. The Menlo Park, California-based startup raised $10 million in Seed funding from Defy.vc, UpHonest Capital, Fusion Fund, Maynard Webb, and NEO Investment Partners.
Silicon Valley Veterans Launch Lanai: The Enterprise AI Navigation System - Co-founded and led by Lexi Reese, Lanai is an AI adoption platform for enterprises. The Palo Alto-based startup raised $10 million in a Series A round led by Juxtapose and joined by Lux Capital, F7 Ventures, and BAG.
C the Signs Announces Investment From Khosla Ventures to Advance AI-Powered Early Cancer Detection - Co-founded and led by Dr Bea Bakshi, C the Signs is an AI-powered cancer detection platform. The London-based startup raised $8 million from Khosla Ventures.
Home Loan Platform Ambak Secures USD 7 Mn to Scale Technology and Expand Reach Across India - Co-founded by Rashi Garg, Ambak provides home loan solutions addressing inefficiencies in India’s home loan sector. The Gurgaon, India-based fintech startup raised $7 million in Seed and Pre-Series A rounds led by Peak XV Partners, with participation from Advantedge VC, DeVC, and angel investors.
This Bay Area startup is using AI to help families navigate long-term care planning - Founded and led by Lily Vittayarukskul, Waterlily helps individuals and advisors navigate long-term care options by modeling costs and funding strategies. The San Francisco startup raised $7 million in Seed funding led by Brewer Lane Ventures and joined by Genworth, Nationwide, and Edward Jones.
Zelt raises $6M to streamline workforce admin - Co-founded by Polina Vorms, Zelt is an HR operations platform that helps businesses manage HR, Finance, and IT from a single system. The London-based startup raised $6 million in a funding round led by Nauta and joined by Venrex and Episode 1.
Sightline secures $5.5M for climate tech analysis platform - Co-founded and led by Kim Zou, Sightline is an AI-powered market intelligence platform powering the transition economy. The London-based startup raised $5.5 million in a Seed round co-led by The Westly Group and Molten Ventures. AccelR8, Red Sea Ventures, John Doerr, Tom Steyer, and others also contributed.
Women’s Health Diagnostics Company PinkDx Raises $5M in Series A Extension, Bringing Total to $45M - Co-founded and led by Bonnie Anderson and Giulia Kennedy, PinkDx is an early-stage women’s health company developing diagnostic solutions for women presenting potential gynecological cancers. The San Francisco-based startup secured $5 million in a Series A extension round from Blue Venture Fund, Sandbox Clinical Ventures, and BEVC.
“We are making great progress in the discovery and development of our first test and this additional funding will help accelerate that process through the test’s clinical validation.” - Bonnie Anderson, PinkDx’s cofounder, chairwoman and chief executive officer (via Femtech Insider)
Mobility Mojo raises €4.25M for accessibility analysis platform - Co-founded by certified access consultant Noelle Daly, Mobility Mojo is a self-assessment tool that helps organizations improve the accessibility of their buildings and hotels. The Dublin-based startup raised €4.25 million from Gresham House Ventures.
LAIIER Closes Oversubscribed US$4M Seed Extension Funding Round, Led by Closed Loop Partners - Co-founded by Bibi Nelson, Laiier provides a liquid leak detection solution for commercial and industrial buildings. The London, UK and US-based startup raised $4 million in a Seed extension round led by Closed Loop Partners and joined by Mundi Ventures, Burnt Island Ventures, Bonaventure Capital, Carlisle Ventures, One Small Planet, and Virta Ventures.
OneThird raises €3.5M Series A to reduce waste with freshness scanner - Led by its new CEO Henrike Langbroek, OneThird provides an AI-powered scanner that predicts the shelf life of fresh produce to help reduce food waste. The Enschede, Netherlands-based startup raised a $3.6 million Series A round led by Invest International, with previous investors Pymwymic, SHIFT Invest, and Oost NL also participating.
AI Agent Employee Firm, MarkeTeam AI, Raised $3m With This Pitch Deck - Co-founded and led by Naama Manova-Twito, MarkeTeam.ai creates AI agents for marketing teams. The Tel Aviv startup raised a $3 million Seed round led by Ocean Azul Partners, with additional support from Clive Sirkin, Dion Joannou, Mitch Mayers, Tony Weisman, and others.
Copenhagen-based startup attracts €3.1M investment to advance smart travel planning - Co-founded by Inês Jorge, Tryp.com is an AI-powered travel planning platform. The Copenhagen-based startup raised €3.1 million in funding led by Iberis Capital and joined by EdenBase, ITV, and German Media Pool.
Swedish fintech Open Payments secures €3M - Co-founded and led by Louise Brandt, Open Payments is an open banking platform for B2B payments. The Stockholm-based company raised €3 million led by Alfvén & Didrikson and joined by Industrifonden, Sony Financial Ventures, and Luminar Ventures.
Amsterdam’s Agurotech bags €2.25M funding from Navus Ventures, ROM InWest, others - Co-founded by Lilia Planjyan and Joëlle van den Brand, Agurotech is a precision agriculture startup. The Amsterdam-based startup raised €2.25 million in a funding round led by Navus Ventures and joined by ROM InWest and Rabo Ventures.
Silas Capital Invests in J-Beauty Brand Damdam - Co-founded by Giselle Go, DAMDAM is a Tokyo-based skincare brand. It raised $3 million in a Seed round led by Silas Capital and joined by Habitat Partners, Joyance Asia, Fab Ventures, and Top Knot.
‘Shazam for art’ museum app Smartify raises £1.5m - Co-founded by Anna Lowe, Smartify is a visitor engagement platform aiming to enhance their museum and gallery experiences. The London startup raised a $1.9 million round led by Metavallon VC, with Pembroke VCT also joining.
Women’s Heart Health Platform Systole Health Launches with $2M Pre-Seed Round - Founded and led by Dr. Simin Lee, Systole Health is a virtual care platform focused on women’s heart health. The Boston-based startup secured $2 million in Pre-Seed funding led by Benchstrength, with additional support from January Ventures, J Ventures, and One Medical founder Tom X. Lee.
“Our mission is to bend the curve of heart disease in women by introducing a new care model that prioritizes outcomes and connection. As a cardiologist, I have witnessed firsthand the struggles women face in managing their heart health. Our solution is built for women by women, addressing the unique challenges we experience and expanding access to the kind of care we want for our mothers, aunts, sisters, and daughters.” - Dr. Simin Lee, CEO and founder of Systole Health
Neu Health raises €1.9 million to transform Parkinson’s and dementia care with AI - Led by Caroline Cake, Neu Health aims to transform Parkinson’s and dementia care with AI. The London-based startup raised €1.9 million in funding from Oxford Science Enterprises and Cedars-Sinai Intellectual Property Company.
From art conservation to air purification: CleanTech Adsorbi secures €1 million to build pilot plant - Co-founded by Hanna Johansson and Kinga Grenda, Adsorbi is developing a cellulose-based material that removes gaseous air pollutants. The Gothenburg, Sweden-based startup raised €1 million from Metsä Spring, Chalmers Ventures, Jovitech Invest, and a grant from Sweden’s Innovation Agency.
Norway’s SportAI lands grant funding to advance AI motion analysis for racquet sports coaching - Co-founded and led by Lauren Pedersen, Norwegian B2B sports tech company, raised $805K in grants from Innovation Norway and the Eurostars Eureka Network to advance its AI-powered platform for racquet sports technique analysis.
Women’s & Family Health: Gaia raises $14M for fertility insurance (Axios Pro $) - Gaia, a London-based fertility prediction and insurance startup, raised $14 million in Series B funding led by Valar Ventures. (male founded and led)
VC: Guo’s Conviction Partners adds Mike Vernal as GP, raises $230M fund - Founded and led by Sarah Guo, Conviction Partners launched its second AI-focused fund with $230 million in capital commitments.
Founded and led by Simone Brummelhuis, Borski Fund, announced that M&G Investments invested €9 million in its fund aimed to close the funding gap for women-led startups.
“Only 1% of venture capital funding is invested in women-led teams, while a staggering 94% goes to male-led teams, despite research consistently showing that diverse teams tend to be more innovative and achieve better performance." - Simone Brummelhuis, Founding Partner of Borski Fund
Meera Clark became Redpoint Ventures’ newest partner.
Gabby Cambanis joined Index Ventures as a partner.
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth
Thank you Anamaria for this excellent roundup! Much appreciated