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Novocuff, Inc. raised $26 million in an oversubscribed Series A funding led by AXA IM Alts to advance technology aimed at reducing preterm births.

PRIVATEJul 17, 2024

Amount Raised

$26 Million

Round Type

Series A

Mountain ViewBiotechnologyHealth CareMedicalMedical Device

Investors

March Of DimesAvestria VenturesRH CapitalLaborieLaerdal Million Lives FundAxa Im Alts

Description

Novocuff, Inc., a medical device company dedicated to improving pregnancy outcomes and reducing the risk of preterm birth, successfully closed an oversubscribed $26 million Series A funding round. The round was led by AXA IM Alts, with a $14 million investment, alongside participation from Laerdal Million Lives Fund, Laborie, RH Capital, Avestria Ventures, and March of Dimes.

Quick answer

Novocuff raised $26 Million in a Series A round, dated July 17, 2024. Investors: March Of Dimes, Avestria Ventures, RH Capital, Laborie, Laerdal Million Lives Fund and Axa Im Alts. Novocuff is based in Mountain View, California, United States.

How much did Novocuff raise?
Novocuff raised $26 Million in a Series A round on July 17, 2024.
Who invested in Novocuff?
March Of Dimes, Avestria Ventures, RH Capital, Laborie, Laerdal Million Lives Fund and Axa Im Alts are named as investors in this round.
What does Novocuff do?
Novocuff, Inc. is a medical device company dedicated to improving pregnancy outcomes and reducing the risk of preterm birth.
Where is Novocuff based and how big is it?
Novocuff is based in Mountain View, California, United States.
Who are the decision-makers at Novocuff?
Fundz holds 1 contact at Novocuff. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

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

  • Openwater raised $100M (Funding Round) on August 22, 2024.
  • Revolution-ZERO raised $321K (Funding Round) on August 16, 2024.
  • Neochord raised $914K (Seed) on August 16, 2024.
  • Aevice Health raised $7M (Seed) on August 12, 2024.
  • Xtant Medical Holdings raised $5M on August 9, 2024.
  • SigTuple raised $4M (Series C) on August 6, 2024.

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Company Information

Company

Novocuff

Location

Mountain View, California, United States

About

Novocuff, Inc. is a medical device company dedicated to improving pregnancy outcomes and reducing the risk of preterm birth. The company has developed a groundbreaking medical device aimed at stabilizing and closing the cervix to retain amniotic fluid and sustain cervical length, with the goal of extending pregnancy.

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Fundz sees it the moment Novocuff raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Novocuff 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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