Ovasave raises USD 1.2 mn: Abu Dhabi-based women’s health tech startup Ovasave raised USD 1.2 mn in a pre-seed round led by PlusVC, Annex Investments, and New York’s 25 Madison, according to a statement (pdf). Angel investors and family offices from the UAE and Saudi Arabia also took part in the capital raise.

Where the funds are going: The capital will support regional expansion, beginning with Saudi Arabia, alongside the launch of new mobile app features such as menstrual cycle tracking, symptom monitoring, access to care, and AI-driven treatment protocols. Ovasave also plans to scale its corporate partnerships and expand into previously overlooked sectors of women’s health.

About Ovasave: Founded in 2023 by Majd Abu Zant (LinkedIn) and Torkia Mahloul (LinkedIn), the femtech startup is part of Abu Dhabi’s tech startup ecosystem Hub71. It provides digital fertility and hormonal health services including at-home hormone testing, virtual consultations, supplement protocols, and a digitized egg freezing experience. The startup is also registered with Abu Dhabi’s Health Department.