
Conceivable Life Sciences, developer of the robotic IVF embryo lab AURA, has raised $50 million in a funding round led by Advance Venture Partners, bringing its total capital to $70 million. This new investment is earmarked for the commercial development and launch of its technology in the US market, with availability targeted for early next year. The AURA system is currently undergoing a 100-person clinical trial in Mexico City, which has already resulted in pregnancies.
Conceivable Life Sciences, a private startup, has successfully secured $50 million in a new funding round led by Advance Venture Partners, elevating its total capital raised to $70 million. This substantial investment is earmarked for the commercial development and launch of its robotic in-vitro fertilization (IVF) embryo lab, the AURA system, into the U.S. market, with a target availability in early 2024. The technology is not merely conceptual; it is actively being deployed in a 100-person clinical trial in Mexico City. The report that this trial has already resulted in pregnancies provides crucial early validation of the system's efficacy, likely de-risking the investment and signaling a significant milestone in automating the embryology process. This development positions Conceivable as a notable emerging player in the high-growth fertility technology sector, backed by significant venture capital confidence.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request a DemoOverall Sentiment
strongly positive
Sentiment Score
0.85