This Week in Digital Health’s Post

#Better Raises $550,000 in Pre-Seed Round to Revolutionise Men’s #Wellness in MENA Better, the first #men’s #wellness #startup of its kind in the #MiddleEast and North Africa, has raised $550,000 in a pre-seed funding round led by UAE-based Salica Spring Studios, with additional backing from Bahrain’s Al Waha Fund of Funds, Salica Investments, and +VC, the region’s most active venture capital firm. Co-founded by Walid Dib and Hassanain Anver, Better is redefining men’s wellness by providing tailored health solutions, including proprietary supplements and personalized prescription treatments. Developed in the UAE, these products address sensitive concerns such as intimacy and hair loss, offering innovative and effective alternatives to traditional treatments. The funding will enable Better to expand its offerings and continue addressing key wellness challenges for men in the region. “Wellness shouldn’t be a luxury – it’s the right of every man in the Middle East. Our team at Better will prove this to be true,” said Walid Dib, co-founder of Better. This milestone marks a significant step in transforming how men’s health is approached across MENA, reinforcing Better’s commitment to providing accessible and impactful wellness solutions. https://lnkd.in/dQd5dxZF 

Better, the first men's wellness startup in MENA, has raised $550K in a pre-seed funding round led by Salica Spring Studios (by Salica Investments & Al Waha Venture Capital Fund of Funds) and backed by Plus VC (+VC). Founded by Walid Daniel Dib and Hassanain Anver, Better aims to address critical men’s health issues with customized supplements and compounded prescriptions. With this funding, Better will expand its offerings, including solutions for intimacy and hair loss, and continue to build a supportive community for men’s health in the region. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/eNJwg5jb 🚀 #MensWellness #HealthTech #MENAStartups #Funding

#fundingalert 💼Company: Hexis 💰Funding: $2Million ⚡Round: Pre-Seed 👥Investors: Apex Capital Corp, Rasmus Ankersen Hexis tailors your daily feed schedule to the specific requirements of your goals, lifestyle, and exercise regimen. Sports nutrition has reached its future. It was created to optimise your potential, whether you're a coach, athlete, or fitness enthusiast. Hexis was created by sports nutritionists Dunne and Sam Impey, who was most recently the lead nutritionist for British Cycling. The company's strategies are based on those used by professional riders, many of whom have invested in the business and are now implementing it for their teams ahead of the Tour de France. Jack Deaman, Stephen Moon, Leslie Kanthan, PhD, Carmen Lefevre-Lewis, Dr David Dunne, Dominic Valerio   Read more - https://lnkd.in/gaRFyr9c To share your startup story write us on - [email protected] #Hexis #lifestyle #nutritionist #regimen #Sportsnutrition #funding #fundingnews #news #startup #startupnews #startuprise

HealthifyMe App Secures $45 Million in Latest Funding Round An innovative health and wellness platform established in 2012 by Tushar Vashisht , Sachin Shenoy, and Mathew Cherian, has successfully closed a $45 million financing round. This funding was led by existing investors Khosla Ventures and LeapFrog Investments, added CLAYPOND. Capital, the family office of Ranjan Pai. This capital infusion includes $20 million in fresh funds and builds on a previous tranche raised in 2023, bringing HealthifyMe's total primary equity raised to approximately $125 million. The company aims to enhance its offerings and expand its reach in the health tech market. With the recent investment, HealthifyMe is poised to continue its mission of providing personalized health and wellness solutions to its growing user base. #healthtech #startup #funding #investment #healthyliving #wellness #digitalhealth #venturecapital #fitnessapp #nutrition #startuplife #healthinnovation #mobilehealth

The support of Essity Ventures is game-changing for FemTech Lab startups. Kai Thornagel and Tilda Selemark, thank you for joining the Spring ‘24 cohort’s In-Person Week at XCHG Spaces in London. And for hosting a workshop on how startups can establish meaningful commercial partnerships with large corporate brands, like Essity. For anyone in the FemTech Lab pack who’s less aware of what Essity and Essity Ventures do: ⚡️ Essity Ventures is the venture studio and builder of Essity, the leading global hygiene and health company ⚡️ Essity Ventures look for startups and entrepreneurs with a joint vision to build solutions that aspire to break barriers in Women’s Health and Wellness ⚡️ Startups in the FemTech Lab accelerator program gain access to Essity’s support, expertise, and user access — and you can imagine how valuable that is for these FemTech founders ❤️ The areas of #FemTech that Essity Ventures focus on include: ➤ Menstrual pain and menopause ➤ Sleep ➤ Hormone health ➤ Waste management of absorbent hygiene products ➤ Post-partum health, baby care and parenting ➤ Adolescent and puberty ➤ Incontinence ➤ Hygiene care Meet industry leaders like Kai and Tilda — and the Spring ‘24 FemTech Lab startups — at Decoding the Future of Women, June 10-11. Tickets selling NOW! (Use discount code GIVEAWAY40 at the checkout to save 40% until midnight tomorrow)

Asaya, a high-performance, premium skincare brand creating products for melanin-rich skin, has raised Rs 12 crore (approximately $1.5 million) in a seed funding round. The funding round was led by OTP Ventures, founded by former BharatPe CEO Suhail Sameer, and Huddle Ventures, with participation from Eternal Capital. The startup will use the raised capital for melanin-centric research and to develop more products that cater to melanin-specific needs. Read the full story here: 👇 https://lnkd.in/dzxtw325 #beauty #skincare #brand #funding #investors #startup #indianstartupnews

Indian medtech startup SVASTEK has secured Rs 2 crore in seed funding from IAN Angel Fund to enhance its healthcare innovation efforts. With plans to distribute its ALLTIP-enabled NIV mask, designed for noninvasive ventilation with simultaneous nutrition delivery, the company aims to advance respiratory and critical care. The investment will help SVASTEK expand its market presence, product range, and address malnutrition risks in long-term respiratory patients. Founder Arita Abrol highlights this funding as an endorsement of SVASTEK's mission to revolutionize medtech globally. https://lnkd.in/gJzGri6k #Medtech #startup #SVASTEK #funding #IANGroup #funding #fundraise

PocDoc has taken its pre-Series A funding past £10 million after raising £5m from MMC Ventures, Molten VC, Simplyhealth Ventures and KHP Ventures, the first NHS-anchored venture fund. The Cambridge-based HealthTech startup says the raise is the UK’s largest ever pre-Series A funding round for a digital diagnostics company. Launched in 2020, PocDoc is revolutionising access to cardio, metabolic and renal diseases by enabling patients to use smartphone-based technology to undertake screenings that provide almost instant results in workplaces, communities and at home.

'Valued at $40.2 billion in 2020, the FemTech market is expected to grow to $75.1 billion by 2025, at a CAGR of 13.3%. Despite increased interest from investors, the industry still remains underinvested; hence, it has a huge potential for growth - according to research.' Now is the chance to get a piece of the Femtech pie. #femtech #investing #fundraising #startup #womenshealth #menopauseapp #femalefounded #menopause #moxiemenopause https://lnkd.in/gJd-8cVD.

#fundingalert 💼Company: Punto Health 💰Funding: €645k ⚡Round: New Round 👥Investors: The German fund Heartfelt_, and the Spanish funds Abac Nest and  Fondo Bolsa Social participated in the round, Along with several Business Angels, including a scout from the American fund Sequoia, Bruce Walker (scout from the British fund Ada Ventures), Gail Armstrong (through the British fund Lavender Ventures) and Branislav Trajkovski. Punto Health uses an AI-powered platform to connect patients, families, and physicians, enabling ongoing assistance. They offer a reliable companion every step of the journey, from the early discovery of moderate cognitive impairment to more severe stages of dementia. Joan Pina Olle, Joerg Rheinboldt, Anna Muñoz Farré, Jack Eckersley Read more - https://lnkd.in/g8HrQW65 To share your startup story write us on - [email protected] #PuntoHealth #healthtech #dementia #alzheimers #investmentround #digitalhealth #AI #startups #funding #fundingnews #news #startup #startupnews #startuprise