Alife Health, a technology company developing AI tools to improve fertility and reproductive health, raised USD 9.5 million in seed funding led by Lux Capital, with participation from Amplo, IA Ventures, Springbank Collective, and a number of angel investors.
The company expects to use the funds to double its workforce by the end of 2021 and prepare its technology for regulatory review.
Alife Health develops artificial intelligence (AI) tools (yet to be launched commercially) to improve fertility and reproductive health. The company is initially focusing on applying AI to enhance in vitro fertilization (IVF) and enable clinical decision-making with personalized treatment recommendations (such as the number of embryos to bank). Alife aims to improve the patient’s chances of success while lowering costs relating to IVF, which is pivotal given an IVF cycle on average costs USD 10,000 and has only a 21.3% success rate.
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