Wednesday, April 21, 2021

Seed Health Scores $40M For Probiotics

Los Angeles-based Seed Health, a company focused on probiotics, says it has raised $40M in its Series A funding round. The funding was led by The Craftory, and also included ARTIS Ventures, GISEV, Foudners Fund, and 8VC. The company said it is developing a "broad spectrum probiotic" to help treat patients with irritable bowel syndrome (IBS). The company's co-founders and co-CEOs are Ara Katz and Raja Dhir. The company said its probiotic is being evaluated on treating constipation, post-alcohol gut microbiota restoration, urolithin production, and recovery after broad-spectrum antibiotics.