You can be on Entrepreneur’s cover!

Hannah Life Technologies Raises $5.15 Million In Pre Series-A Led By Monk's Hill Ventures The funds will be utilized to hire and scale sales and marketing operations to expand access to Hannah life's unique products and services in the United States and Europe.

By Saptak Bardhan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Freepik

Hannah Life Technologies on Tuesday announced to have raised a pre-Series A funding of $5.15 million led by Monk's Hill Ventures. Other company investors include Y Combinator, Golden Gate Ventures, Anthro Ventures, Sam Altman's Scout fund, Enterprise Singapore, Medtech Alliance 2, entrepreneurial angel investor Loh Yu-Chie and other prominent angel investors. The funds will be utilized to hire and scale sales and marketing operations to expand access to Hannah life's unique products and services in the United States and Europe.

"Our vision is to become the go-to platform for any couple trying to conceive. The fertility health market is underserved with only 3 per cent of the industry needing IVF. The other 97 per cent of the "trying to conceive' market – are faced with expensive and invasive solutions. We are focused on building an ecosystem with our proprietary fertility solutions that are less invasive, trusted, and affordable," said Prusothman Sina Raja, co-founder and CEO, Hannah Life.

"Hannah Life has made incredible progress since launch. With its science-backed technologies, a D2C distribution model that lends well to the fertility space, and impassioned founders like Benjamin and Prusothman at the helm, Hannah Life is on the right path to lead the ecosystem of natural and affordable fertility solutions. The team has proven that they are capable of going through the full product development and commercialization cycle in a short time frame, across multiple products and markets," said Susli Lie, Partner, Monk's Hill Ventures.

Since launching commercially in August 2021, Hannah Life has provided over a thousand households access to its products in Singapore and the UK and helped many couples conceive successfully. Hannah Life has seen strong demand for the twoplusTM products with revenue growth of over 300 per cent quarter-on-quarter since launch. Hannah Life is a first mover in providing an ecosystem of home-based fertility health solutions that leverage patented technologies to address the varied needs of a couples' conception journey.

Saptak Bardhan

Former Trainee Writer

Former Trainee Writer
Fundraising

Why Women Entrepreneurs Have a Harder Time Finding Funding

Intentional or not, most investors are more likely to give money to males. That needs to change.

Side Hustle

He Took His Side Hustle Full-Time After Being Laid Off From Meta in 2023 — Now He Earns About $200,000 a Year: 'Sweet, Sweet Irony'

When Scott Goodfriend moved from Los Angeles to New York City, he became "obsessed" with the city's culinary offerings — and saw a business opportunity.

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.

Growing a Business

How To Leverage Social Media to Optimize PR Success and Increase Your Brand Awareness

Entrepreneurs can establish authority and trust in their industries through the strategic use of social media, leveraging platforms for podcast appearances, guest posts, and consistent, quality content that aligns with their brand's mission.