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Tech

Gloucestershire tech firm raises £1m to develop motherhood app

LatchAid was founded by Oscar and Bafta-winning entrepreneur Dr Chen Mao Davies

Dr Chen Davies, founder of Latchaid, who was part of an Oscar and Bafta-winning visual effects team(Image: Publicity picture)

A tech company founded by an Oscar and Bafta-winning entrepreneur in Gloucestershire has raised £1m to develop a breastfeeding support app.

Computer graphics and animation expert Dr Chen Mao Davies, who was part of the visual effects team for films such as Gravity and Blade Runner 2049, founded femtech company LatchAid after facing her own struggles with breastfeeding.

The app uses interactive 3D animations, artificial intelligence, virtual peer support groups and live healthcare specialists to assist women who are having problems getting their baby to latch.

The femtech start-up has announced it has closed a seed funding round, taking total investment in the venture to £1m.

The raise came from a mix of loans from government innovation agency Innovate º£½ÇÊÓÆµ, a convertible loan note from the KQ Labs accelerator programme, and equity investment from expert business angel investors.

LatchAid founder and chief executive Dr Davies said: “As a Chinese female solo entrepreneur running a women’s health business, it’s not easy to find investment. But if you can find the right investors, great ideas and a great team will ultimately attract funding.”

The angel group was led by Dan Cobley, former managing director of Google º£½ÇÊÓÆµ & Ireland, and also included venture capitalist Eileen Burbidge and Priya Oberoi, founding partner of the female-centred healthcare fund, Goddess Gaia Ventures.

Mr Cobley said: “Chen has already achieved so much with such limited resources. I am convinced that, with this funding and the support of such a great group of investors, LatchAid will grow to be an amazing force for good in this critical health area, first in the º£½ÇÊÓÆµ and then across the world. ”