Berlin-based Ovom Care secures €4.8 Million to advance AI-driven fertility care
Summary
Additionally, the investment will accelerate enhancements to the Ovom’s AI platform, expand the company’s service offerings, and support ongoing research to deepen the understanding of reproductive health, ultimately fostering better patient outcomes. Their collective expertise in AI and reproductive health fuels the development of the Hybrid-Care model, bridging the gap between digital innovation and empathetic fertility treatment. Terry Chou, partner at Alpha Intelligence Capital, said, “Before investing in Ovom Care, we have spent the year comparing various AI-enabled fertility solutions and assessment tools. Ovom being a digital-first AI-enabled clinic, has provided a great platform for different AI-powered fertility solutions to bring together their value, a collective intelligence revolutionising the reproductive care space” Mascha Bonk, Investment Manager at Ananda Impact Ventures, states: “Globally, 17.5% of the adult population – roughly 1 in 6 – experience infertility. For many, in vitro fertilisation (IVF) represents a beacon of hope on their journey to becoming a parent but presents considerable financial and emotional challenges, with treatment costs ranging from EUR 15-30k and success rates hovering around 35%.