Women’s health startup Damiva nets $1.2 mln in seed funding - PE Hub
Damiva Inc, a Toronto women’s health company, has closed a $1.2 million seed-stage financing. The investor was KES 7 Capital, a Canadian merchant bank. Founded in 2012 by CEO Chia Chia Sun and President Gardiner Smith, Damiva develops, manufactures and distributes products that address menopausal health issues for women over 40. Having launched in 2014 across most major pharmacy chains in Canada, the company now plans to use the proceeds of the seed round to support operations in advance of a U.S. launch.
Chia Chia Sun: ‘Our brand’s goal is to make menopause fun’
With a background in pharmaceuticals and corporate finance, Chia Chia Sun says she’s well placed to run a company that makes natural women’s health products