Afaxys, Inc. secures $8 million in funding, including a $5 million grant and a $3 million investment from the David and Lucile Packard Foundation, to enhance access to reproductive health services.

Aug 04, 2025•5 months ago

Amount Raised

$8 Million

CharlestonHealth Care

Investors

Anonymous FoundationDavid And Lucile Packard Foundation

Description

Afaxys, Inc. has secured $8 million in funding from two large foundations to support its growth strategy. The funding includes a $5 million grant and a $3 million program-related investment from the David and Lucile Packard Foundation. This investment will help develop a novel contraceptive product for marginalized communities

Company Information

Company

Afaxys

Location

Charleston, South Carolina, United States

About

Afaxys, Inc. is a socially conscious healthcare company focused on serving the reproductive health needs of public health professionals and their patients. It uniquely partners with public health and private industry to ensure stable pricing and reliable access to healthcare products. The organization operates under three subsidiaries that provide contraceptives and other healthcare solutions. Afaxys plays a critical role in ensuring reliable supply chains for clinics serving Medicaid and Title X patients.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns