Myma Medical Secures £500,000 Investment
Myma Medical secures £500,000 investment to tackle infertility.
01:09 26 January 2023
MyMa Medical, a Liverpool city region start-up tech business that focuses on finding infertility treatments, has secured £496,000 investment Innovate UK SMART grant. It has also secured £106,000 from LYVA Labs.
This follows the firm's introduction of their automated technology into the IVF (in vitro fertilisation) process, which involves taking sperm and inserting it into the egg using a manual injection.
Yash Khandhia, the firm's chief executive said: “We are excited to bring this innovative, game-changing technology to the fertility market to enhance the outcome of the treatments while saving money for the couples and improving their physiological and physical conditions.
“This technology is built through a great team effort over nearly a decade of fundamental and translational research.”
Lorna Green, chief executive of LYVA Labs, added: “Myma Medical is a brilliant, innovative start-up with a model to significantly enhance the experiences of people struggling with their fertility.
“So many of us are touched by fertility issues in our lives, either personally or through our communities so I am incredibly proud to bring a business like this to our ever-evolving region.”