Fertility startup Hannah Life Technologies gets $5.15 million pre-series A – MovieUpdates

Hannah Life Technologies, a startup for couples trying to conceive, announced today that it has raised $5.15 million in pre-Series A funding led by Monk’s Hill Ventures. Other investors include Golden Gate Ventures, Anthro Ventures and medical technology entrepreneur Dr. Jack Wang. The funding comes approximately 18 months after the company raised its seed funding from Y Combinator.

Benjamin Tee, who co-founded Raja Hannah Life with Prusothman, told MovieUpdates that he and his wife have been experiencing unexplained fertility, a physically and emotionally stressful time. “Although my wife and I ended up conceived through IVF, I felt there could be non-invasive home-based technologies to help couples conceive earlier.”

Tee, who met Raja through the Stanford Biodesign program, also found that “the burden of pregnancy often falls on the female gender, in many cultures. As men, we also wanted to help balance the perception that infertility is often caused by female factors. About half of the fertility problems come from men, such as low sperm count and low sperm quality.”

The company offers three major direct-to-consumer products designed to provide couples with non-invasive in-home services to complement clinical procedures such as intrauterine insemination (IUI).

The twoplus Sperm Guide is a patented device made of medical-grade silicone that concentrates sperm near the cervical opening to increase the chances of conception. Made for couples trying to conceive without penetrative sex, the twoplus applicator deposits semen directly onto the cervical opening. The twoplus Hormone Test provides detailed reports on hormones, helping couples determine their fertility level and detect possible health problems.

The company says it has supplied products to more than 1,000 households in Singapore and the United Kingdom since its launch in August 2021, with sales growing more than 300% quarter on quarter.

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