News
Seae Ventures launches US$107m fund to address equity gaps in healthcare
The fund seeks to make investment landscape more equitable and address inequities in healthcare

The Boston-based venture capital firm, Seae Ventures, has announced its inaugural fund of US$107m.
Seae is the largest fund dedicated to advancing equity by investing in women and Black, Indigenous and People of Colour (BIPOC) entrepreneurs, focused on developing technologies that address financial wellness, mental health, women’s health and personalised medicine that benefit traditionally underserved and vulnerable populations.
“It is a well-known fact that women and BIPOC entrepreneurs have not had equal access to capital,” says Jason Robart, Seae Ventures, co-founder and managing partner. “Closing gender and racial equity gaps starts with investing in historically overlooked entrepreneurs.
“We are confident our efforts will motivate other venture firms to recognise this unseen value and amplify our portfolio’s collective mission through investment and support.”
Co-founded in 2019 by Tuoyo Louis, Jason Robart and Pete Sally, Seae is driven by a mission born from their personal experiences and frustration with the widening health disparities across the country.
The firm has garnered support from a broad coalition of more than 30 investors who are dedicated to increasing the prevalence of venture firms with diverse leadership, including the American Hospital Association, Blue Shield of California, Blue Cross Blue Shield of Minnesota, Cambridge Associates, Eli Lilly and Company, Goldman Sachs and Health Care Service Corporation.
Seae aims to change the overall U.S. healthcare system, having already funded 17 start-ups addressing the country’s most pressing healthcare disparities, including:
- Health in Her HUE, a platform designed to help Black women and women of colour easily access culturally sensitive healthcare providers, health content, and community
- Hurdle, an innovative digital mental health platform company aiming to remove barriers to mental health care for People of Colour
- MD Ally, a company that triages 911 calls and reroutes non-emergency calls to telehealth medical services
- Moving Analytics, a telehealth company providing virtual cardiac rehab solutions
- Tia, a company building the “modern medical home for women” across virtual and in-person care
While the initial fund is closed, Seae will continue to build their firm while enhancing equitable access to capital for diverse entrepreneurs building growth stage companies in future funds.
“Seae Ventures’ mission to drive capital toward diverse founders is not just reflective of our shared goals and values, it is also aligned with our investment thesis, which is to affect supply and demand dynamics,” Jasmine Richards, managing director at Cambridge Associates, has explained.
For more info, visit seaeventures.com.
Fertility
Toxins and climate harms having ‘alarming’ effect on fertility, research warns

Simultaneous exposure to toxic chemicals and climate-related heat may be worsening fertility harms across humans and wildlife, research suggests.
The review of scientific literature looks at how endocrine-disrupting chemicals, often found in plastic, together with climate-related effects such as heat stress, are each linked to lower fertility and fecundity, meaning the ability to reproduce, across species including humans, wildlife and invertebrates.
Though the reproductive harms of each issue in isolation are well studied, there is little research on what happens when living organisms are exposed to both.
“Together, the two issues are likely to pose a greater threat to fertility, and the additive effect is “alarming”, said Susanne Brander, a study lead author and courtesy faculty at Oregon State University.
“You’re not just getting exposed to one, but two, stressors at the same time that both may affect your fertility, and in turn the overall impact is going to be a bit worse,” Brander said.
The paper looked at 177 studies.
Shanna Swan, a co-author on the new paper, co-produced a 2017 study that found sperm levels among men in western countries had fallen by more than 50 per cent over four decades. Other research has suggested human fertility has been declining at a similar rate.
The University of Washington’s Institute for Health Metrics and Evaluation has previously said the world was approaching a “low-fertility future”, with more than three quarters of countries below replacement rate by 2050.
The new paper’s authors focused on the effects of endocrine-disrupting chemicals and substances, including microplastics, bisphenol, phthalates and PFAS.
These are thought to cause a range of serious reproductive problems, disrupt hormones and be a potential driver of falling fertility.
Brander said the harms linked to these chemicals are often similar across organisms, from invertebrates to humans.
Phthalates, for example, have been linked to altered sperm shape in invertebrates, spermatogenesis in rodents, meaning sperm production, and reduced sperm counts in humans.
PFAS are also thought to affect sperm quality, and both have been linked to hormone disruption.
The chemicals are widespread in consumer goods, so people are often regularly exposed.
Meanwhile, previous research has shown how rising temperatures, lower oxygen levels and heat stress, among other effects linked to climate change, may also worsen infertility.
Heat stress has been found to affect human hormones, and is linked to spermatogenesis in rodents and bulls.
Research shows temperature also plays a role in sex determination in fish, reptiles and amphibians.
The species has evolved to choose which sex it produces in part based on temperature, and the heating planet can “push it too far in one direction or the other, which overrides that evolutionary benefit”, Brander said.
Similarly, many endocrine disruptors may alter environmental sex determination.
The study set out some of the overlapping effects of chemical exposure and climate change across taxonomic groups, from invertebrates to humans.
In birds, for example, exposure to increased temperature, PFAS, organochlorines and pyrethroids may each individually cause abnormal sperm, increased fledgling mortality, abnormal testes and population decline.
“What happens if they’re exposed to more than one of those stressors at the same time? There has been little exploration of that question.
“Even if there have not been a lot of studies looking at these simultaneously, if you have two different factors that both cause the same adverse effect, then there’s a likelihood that they are going to be additive,” Brander said.
Katie Pelch, a senior scientist with the Natural Resources Defense Council nonprofit, who was not part of the study, said the authors had reviewed high-quality science.
She said she wanted to see more examples of the overlap in impacts, but agreed with the overall premise.
“It is likely [multiple stressors] would have an additive effect, at very least, even if they have different mechanisms of harm,” Pelch added.
The solution to the systemic problems would involve tackling climate change and reducing the use of toxic chemicals.
The study cites the global reduction in the use of DDT and PCBs achieved under the Stockholm Convention as an example of an effective measure, but Brander said much more is needed.
“There is enough evidence in both areas to act to reduce our impact on the planet,” she said.
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