B茅a Fertility, the pioneering fertility tech startup making clinical-grade fertility care available at home, has raised 拢2.5m ($3.2m) to release its first groundbreaking at-home fertility treatment to early adopters in the UK.
The round was led by Octopus Ventures and joined by JamJar and Forward Partners, with additional participation from existing investors Calm/Storm and Q Ventures.
Led by FemTech expert Tess Cosad and product engineer George Thomas, B茅a Fertility has developed one of the first clinical-grade at-home fertility treatments ever to launch in the UK market.
The first B茅a Fertility treatment kit enables users to carry out a simple fertility treatment called Intracervical Insemination (ICI) safely at home.
Cosad said: 鈥淔ertility impacts one in six couples, yet access to fertility care is severely lacking globally.
鈥淔ertility clinics have been selling the same expensive treatments for decades, yet there are a number of groups which remain underserved, including the LGBTQIA+ community, single people and parents experiencing secondary infertility.
鈥淎t B茅a, our aim is to fill this gap by creating inclusive, clinical-grade fertility treatments that can be used at home.
鈥淭his latest injection of funding – from experienced investors with a proven track record of backing successful fertility and FemTech businesses will enable us to get our pioneering treatment in the hands of the people who need it most. We can鈥檛 wait for people to try it.
鈥淲e’re also proud to be closing the fertility data gap by launching the world鈥檚 largest at-home fertility study. The data gap in fertility care is astounding.鈥�
Richard Reed, Innocent Smoothie founder and founding partner of JamJar, added: 鈥淭he proudest investment I鈥檝e ever made – helping those who are struggling to start a family to do so, and to do so naturally. The success of this business is going to be measured in the number of new born babies.鈥�
Kirsten Connell, investor at Octopus Ventures, said: 鈥淎t Octopus Ventures we back founders who are changing the world for the better. We invest where we can make the greatest positive impact.
鈥淲hen it comes to starting a family there are few things in life more meaningful than this. B茅a Fertility who is reimagining the fertility care pathway, was a clear vision we wanted to get behind. We鈥檙e delighted to have joined Tess and her team on this journey.鈥�
Brian Hatton, partner at Q Ventures, commented: 鈥淲e backed Tess and the B茅a team at the idea stage in their 2021 pre-seed round and they have made incredible progress since. Their at home product is truly a groundbreaking new step in the fertility care pathway, and we are excited to continue to support this incredible group as they launch and scale.鈥�
The revolutionary treatment is a stepping stone on the fertility pathway that can be explored in advance of costly and invasive procedures like IVF and Intrauterine Insemination (IUI).
The B茅a Treatment involves placing a small cervical cap containing semen at the cervix using a clinically-approved applicator.
The cap is left in-situ for an hour; and during that time, users can go about their days as normal. Two weeks after treatment, users test for pregnancy.
There are no invasive hormone injections or clinical procedures involved. The B茅a Treatment is designed to be used at home and can be used with donor semen.
ICI has been shown to have 50 per cent efficacy over six cycles of treatment and was recently included in the NICE clinical guidelines alongside IUI and IVF.
The UK鈥檚 IVF success rate is 27 per cent.
B茅a鈥檚 aim is to make a transformative and inclusive new fertility offering available to people who are struggling to conceive, with a focus on widening access to care for LGBTQ families and groups traditionally excluded from existing fertility provision.
This new injection of funding is being used to make the first B茅a treatment kits available to the public with the first B茅a treatment available to purchase online.
The first users to purchase a kit will pay just 拢350 for three ICI treatment cycles, with one treatment kit delivered at the beginning of each menstrual cycle throughout the three-month treatment program. The program is targeted at users currently trying to conceive.
At full price of the B茅a treatment kit will will be 拢700 for three treatment cycles.
B茅a Fertility is also launching a pioneering pilot which will trial the use of the B茅a treatment kit within the NHS.
Currently, the only fertility treatments funded by the NHS are IVF and IUI; and access depends on factors including location, relationship status, BMI and sexual orientation.
Working in partnership with South Fulham Primary Care Network, B茅a will be providing direct access to fertility treatment in primary care for the first time.