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Start-up secures US$26m to develop technology to reduce preterm births
Novocuff has developed a medical device aimed at extending pregnancy and reducing preterm births
The US medical device company Novocuff has raised US$26m in funding to advance its technology aimed at reducing preterm births.
Preterm premature rupture of membranes and cervical shortening are leading causes of preterm birth, affecting millions of families worldwide each year.
Novocuff aims to address these conditions and improve pregnancy outcomes through what it describes as a “novel” approach.
The company has developed a medical device aimed at stabilising and closing the cervix to retain amniotic fluid and sustain cervical length, with the goal of extending pregnancy.
Series A proceeds are hoped to support Novocuff’s growth plans, including the expansion of its team, execution of a US clinical study, marketing authorisation and early-stage commercialisation.
Amelia Degenkolb, co-founder and CEO of Novocuff, said: “We are thrilled to have the support of a strong and mission-aligned group of investors as we enter this exciting next phase of clinical development.
“This funding catalyses our ability to deliver a solution to a healthcare need for women, and their families and healthcare providers.”
AXA IM Alts, through its Global Healthcare Private Equity Strategy, led the round with a US$14m investment, alongside participation from Laerdal Million Lives Fund, and support from existing investors and new investors Laborie, RH Capital, Avestria Ventures and March of Dimes.
Curt LaBelle, head of healthcare private equity at AXA IM Alts, said: “As the leading cause of infant mortality globally, preterm birth is a serious unaddressed global health issue. The near and long-term negative impacts on the patient, and the economic burden on health systems, have created a pressing and dire situation.
“Given the lack of solutions currently available to address this significant global health challenge, we are thrilled to directly contribute to Novocuff’s mission to improve pregnancy outcomes.
“We have followed Novocuff since its founding and are excited about the company’s progress and clinical data generated to date.
“Our investment should enable completion of a US pivotal trial and the introduction of the Novocuff device to global markets, including low- and middle-income countries.”
He added: “This aligns with our commitment at AXA IM Alts of generating measurable and positive healthcare outcomes alongside attractive long-term financial returns for our investors.”
Becca Shmukler, principal at the Laerdal Million Lives Fund, commented: “Tragically, preterm birth is the number one cause of infant mortality globally.
“When we first met co-founders Amy and Donald and initially invested in the company, we were impressed by their novel technology, expertise, and commitment to addressing this sorely underserved market.
Working with them across the last year has only grown our conviction in Novocuff’s potential to lower the mortality burden associated with preterm birth – perfectly aligned with the Laerdal Million Lives Fund’s life-saving mission.
“With this Series A financing, we are now looking forward to partnering with mission-aligned investors like AXA IM Alts to continue to work toward this goal.”
Eric Schaefer, senior director of portfolio strategy and mission investment at March of Dimes, shared: “Too many babies are born too soon, which is why preventing preterm birth and potentially poor outcomes for mum and baby is critical to March of Dimes.
“The investments we make through our Innovation Fund help to support the development of new solutions such as Novocuff’s device, which we hope will help address pregnancy complications that can lead to preterm birth. We are encouraged by Novocuff’s progress to date and look forward to the results from their upcoming clinical trial.”
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WUKA and Royal Yachting Association partner to support women and girls in sailing
WUKA has announced a groundbreaking partnership with the Royal Yachting Association (RYA), including RYA Scotland and RYA Northern Ireland, supporting women and girls in sailing.
Building on WUKA’s growing #TackleAnything campaign – which has already reached thousands of girls across sports in the UK – this collaboration brings practical period solutions into sailing.
Together, WUKA and the RYA are committed to breaking down barriers so periods never limit confidence, participation, or performance on the water.
Ruby Raut, WUKA founder & CEO, said: “Partnering with the RYA has been incredibly important for us at WUKA.
“Sailing is an amazing way for women and girls to build confidence, and periods shouldn’t hold anyone back from enjoying the water or reaching their full potential.
“Through this partnership and our #TackleAnything campaign, we’re proud to provide practical solutions and innovative products that help female sailors feel comfortable, confident, and free to focus on learning, performing, and having fun.
“Breaking down barriers and supporting women to tackle anything — on land, at sea, and everywhere in between – has never felt more meaningful.”
WUKA, which stands for Wake-Up Kick Ass, shares the RYA’s commitment to inclusivity and empowerment.
In 2023, WUKA launched #TackleAnything, a campaign supporting women, girls and sportspeople with periods. Since its launch, the initiative has reached 3,576 girls across 46 clubs and partnered with a range of sports across the UK – from Scottish Gymnastics to Titans wheelchair basketball – helping young athletes play without limits and stay confident, comfortable, and in the game.
The brand offers period-friendly aquatic apparel and practical solutions that help women train and compete with freedom of movement and total assurance.
Through this partnership, WUKA will provide innovative period swimwear for young sailors across key RYA programmes, including the NI Sailing Team, the RYA Scotland Performance Pathway Programme, and the British Sailing Pathways Talent Academies.
By combining WUKA’s mission to challenge stigma with the RYA’s commitment to inclusion, the partnership ensures young sailors can focus on what matters most – learning, performing, and enjoying their time on the water – with confidence and comfort. RYA members will also receive a 10 per cent discount on WUKA products.
Sailing offers incredible benefits for women and girls, but time on the water can present unique challenges -particularly during menstruation.
Together, WUKA and the RYA are providing practical solutions that remove these barriers, helping young sailors participate fully and confidently in the sport.
Sara Sutcliffe, RYA CEO, said: “At the RYA, we have been making strides to break down barriers for women of all ages to help ensure they can experience the water in a supportive and positive environment.
“From education workshops and practical sessions, we want to make sure our female sailors are empowered and this partnership is another great example of how we can demonstrate possible tools to equip them to succeed”.
This partnership is part of the RYA’s wider commitment to making sailing a sport where women and girls can thrive. Alongside initiatives such as the Female Futures Group, the Women’s Race Officials Programme and all new Talent Academy Female Future’s Camps; it demonstrates a continued focus on removing barriers and creating meaningful opportunities across every stage of the sailing.
WUKA’s involvement ensures that practical solutions are available on the water, from innovative period swimwear to support resources, helping young sailors feel fully equipped and confident during training and competition.
By integrating these tools into RYA programmes, WUKA brings a new level of comfort and assurance to female athletes, allowing them to focus entirely on performance, enjoyment, and growth in the sport.
For any women and girls looking to learn more about sailing, visit www.rya.org.uk.
For more information on WUKA visit www.wuka.co.uk.
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