Fundz

3Daughters Closes Over $2M in First Tranche of Seed Financing

PRIVATEJan 22, 2024

Amount Raised

$2 Million

Round Type

Seed

Fort LauderdaleOtherManufacturingPharmaceutical Manufacturing

Investors

Other Undisclosed InvestorsU Mass AmherstWexford Science And TechnologyArgosy FoundationThairm Bio

Description

3Daughters raised over $2M in a first tranche of Seed funding led by Thairm Bio, with a group of life science investors, and joined by the Argosy Foundation, Wexford Science and Technology, UMass Amherst, and other undisclosed investors. The company intends to use the funds to advance its lead IUD asset, 3D-001, through an IND filing followed by a Phase 1 clinical trial this year.

Who else raised in Pharmaceutical Manufacturing and Manufacturing around the same time

Companies in the same sectors as 3Daughters that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $11M on February 20, 2024.
  • PlasmaGen Biosciences raised $27M on December 14, 2023.
  • Hadrian raised $86M on December 11, 2023.
  • Vescent Technologies raised $5M (Seed) on March 7, 2024.
  • ZETWERK Manufacturing Businesses raised $20M (Funding Round) on March 7, 2024.
  • Biobot Surgical raised $18M (Series B) on March 7, 2024.

Who to call at 3Daughters, and when

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Company Information

Company

3Daughters

Location

401 N Birch Road

Fort Lauderdale, Florida, United States

About

3Daughters is a clinical development company focused on Evolutionary Healthcare for Women. Our first evolution is a frameless, magnetic, nonhormonal intrauterine device (IUD) based on physics and geometry for long-acting contraception. Our unique IUD was designed to improve upon the outdated T-shape frame of current IUDs that causes pain, perforation and expulsion. These problems lead to a ‘fear factor’ for women and practitioners inserting the device. Current IUDs also require dangling strings for retrieval- a nuisance factor for women and their partners.

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3Daughters raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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