💸 Levy Health Raises $4.5M for its Fertility-Focused Clinical Decision Support Platform
FemWealth Issue #180
Hi FemWealth Friends,
In the Spotlight 💸
Co-founded by Caroline Mitterdorfer, Silvia Hecher, and Dr. Theresa Vilsmaier, Levy Health provides a clinical decision support platform to help physicians and fertility specialists diagnose women with fertility issues earlier.
“We truly believe we can change how women get access to an early diagnosis by empowering the diagnoser. Fertility clinics, they have a huge problem: There is more demand than supply, and a lot of innovation is in the IVF lab, not as much in funneling patients through.” - Caroline Mitterdorfer, Co-founder and CEO of Levy Health (via TechCrunch)
The San Francisco-based company raised a $4.5 million Seed round led by XYZ Venture Capital, with additional support from Atlantic Labs, and Possible Ventures.
Read more: Levy Health wants to help women identify fertility issues sooner
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Startups: Women’s health startup Maven Clinic closes funding at $1.7 billion valuation - Founded and led by Kate Ryder, Maven Clinic is a women’s and family health startup that provides virtual care across patients’ entire reproductive life cycle. The New York company secured a $125 million Series F round at a $1.7 billion valuation. StepStone Group led the round, joined by previous investors General Catalyst, Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital.
Relyance lands $32M to help companies comply with data regulations - Co-founded by Leila R. Golchehreh, Relyance AI is an AI-powered data governance platform. The San Francisco startup raised a $32 million Series B round led by Thomvest Ventures, joined by M12, Cheyenne Ventures, Menlo Ventures, and Unusual Ventures.
Eleanor Health Raises $30 Million to Transform Delivery of Substance Use Disorder Care - Co-founded by Nzinga A. Harrison, M.D, Eleanor Health, a US outpatient addiction treatment startup, closed $30 million in Series D funding. General Catalyst led the round, supported by Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact, and Emerson Collective.
Scope3 starts tracking the carbon footprint of AI - Co-founded by Anne Coghlan and Emma Mulitz, Scope3 helps companies measure and reduce their carbon emissions from digital advertising and AI operations. The New York startup raised a $25 million round led by GV, with additional support from Aperiam Ventures, Craft Ventures, Room40 Ventures, Venrock, and Virgo Strategic Investments.
ApertureData raises $8.5M for multimodal AI database - Founded and led by Vishakha Gupta, ApertureData is developing a purpose-built database for artificial intelligence multimodal large language models. The San Francisco-based startup raised $8.3 million in Seed funding. TQ Ventures led the round, joined by Westwave Capital, Interwoven Ventures, and angel investors.
clock.bio Raises $5.3M Seed Funding and Decodes Genetic Atlas of Human Rejuvenation Factors - Co-founded by Joana Tavares, Clock.bio, a Cambridge, England-based longevity startup raised $5.3 million in Seed funding. LocalGlobe led the round, with additional contributions from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner.
Largest proptech pre-seed funding ever: 100 raises $5.2M to speed up rental screening - Co-founded and led by Caren Maio, 100 aims to improve the screening process for property managers by verifying renter identities. The New York startup raised $5.2 million from MetaProp, Contest Point, Freestyle Capital, and RiverPark Ventures.
Meat alternative maker The Jackfruit Co. raises $5M Series B extension (Axios Pro $) - Founded and led by Annie Ryu, US-based The Jackfruit Company and its consumer brand, Jack & Annie’s, raised $5 million in a Series B extension from InvestEco, Creadev, and Grosvenor Food & AgTech.
Unhappy with their exit, these ex-Planetly employees are using AI to refine carbon accounting - Co-founded by Cari Davidson, Forward Earth, a German AI-driven carbon management platform, raised €4.5 million in Seed funding. Mosaic Ventures led the round, joined by Speedinvest, and Revent.
Generative AI fact-checking firm Infactory lands a $4M seed - Co-founded and led by Brooke Hartley Moy, Infactory, a US generative AI-based fact-checking startup, raised $4 million in Seed funding. Bee Partners led the round, with additional support from FJ Labs, Andreessen Horowitz’s Scout Fund, Alumni Ventures, and others.
BaCta is using engineered bacteria to grow natural rubber and slash CO2 emissions - Co-founded by Marie Rouquette, PhD, BaCta uses engineered bacteria to produce natural rubber in vitro. The Paris-based startup raised a $3.6 million Pre-Seed round led by OVNI Capital, with another.vc, Kima Ventures, and Sharpstone Capital also participating.
Fecundis secures $2.4 million in seed funding - Led by Dr. Rita Vassena, Fecundis is a medical technology startup that specialises in reproductive health with a focus on the male gamete. The Barcelona, Spain-based company raised €2.4 million in Seed funding. DuneGlass Capital led the round, joined by Zentynel Frontier Investments, and Gridx.
AI personas startup Anam.ai raises $2.3M - Co-founded and led by Caoimhe Murphy, Anam.ai makes digital customer service personas for brands. The London startup raised $2.3 million in a Pre-Seed funding round led by Concept Ventures, with participation from Torch Capital and angel investors.
Highcast raises 2 million euros to optimize production energy costs (in French) - Co-founded by Flore de Lasteyrie, Highcast helps manufacturers plan their production based on electricity prices. The Paris-based startup raised €2 million in funding from CentraleSupélec Ventures, AFI Ventures, VIF, and Super Capital.
Infinite Giving Secures $2 Million Seed Round to Transform Nonprofit Finance - Co-founded and led by Karen C. Houghton, Infinite Giving, a US-based fintech platform for nonprofits, raised $2 million in Seed funding from Cubit Capital, Morgan Stanley, and Atlanta Ventures.
AMAKA Studio Secures $2 Million Seed Funding to Revolutionize the Creator Economy - Founded and led by Adaora Oramah, London-based AMAKA Studio raised a $2 million Seed round to empower Black and African creators globally. Equitane (formerly Africa Transformation and Industrialization Fund: ATIF), led the round, joined by Morgan Stanley Inclusive Ventures Lab, Silverbacks Holdings, and a group of angel investors.
Vested Impact Raises £1.1million to Boost Data-Driven Impact Scoring Platform - Founded and led by Kimberley Abbott, Vested Impact is an impact and risk assessment and measurement platform. The London-based startup raised £1.1 million ($1.4 million) in Seed funding. Impact Shakers Ventures led the round, joined by HearstLab, and angel investors.
How Chicago startup In Bold Print is helping companies with ESG (Biz Journals $)- Co-founded by Ashley Pradha and Cierra Valor, In Bold Print is a carbon management platform for businesses. The Chicago-based startup raised $1 million in Pre-Seed funding led by VC 414.
Women’s Health: Women’s health tech ‘less likely’ to get funding if woman is on founding team | Also read: The ‘huge disadvantage’ women behind femtech phenomenon face
“Femtech might be for women, by women, but the funders are still largely men who don’t understand the scale of the problems femtech sets out to solve or the incredible financial returns on offer.
“These gendered assumptions feed into men getting more funding, even if they produce femtech products and use the same words.” - Kirsten Connell, Investor at Octopus Ventures
VC News: RH Capital Team Launches Foreground Capital: A New Chapter in Women’s Health Investing - Elizabeth Bailey, Stasia Obremskey, and Alice Zheng, launched Foreground Capital, a new venture firm dedicated to advancing women’s health innovation.
Fearless Fund has made a big deal since settling its controversial lawsuit - Weeks after settling a lawsuit with the American Alliance for Equal Rights (AAER), US firm Fearless Fund - led by Founding Partner Arian Simone - announced a seven-figure investment into the e-commerce platform Zimi, co-founded and led by Audrey Djiya.
Report: 71% of women fear returning to work in VC after maternity leave - A new report by WVC:E, a global community for women in VC, shows that women working in venture capital who have or plan to have children are concerned by career progression and work-life balance difficulties.
“The concerning stats in this [WVC:E] report should be a wake-up call for the VC industry where parents, particularly women, have been massively let down.” - Check Warner, Co-founding Partner of Ada Ventures and Co-founder of Diversity VC
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth