Tech Company Financing Transactions
Afaxys Funding Round
Afaxys, based in Charleston, secured $8 million in investment from The David and Lucile Packard Foundation and private investors.
Transaction Overview
Company Name
Announced On
8/4/2025
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Proceeds Purpose
The funding will be used to complete the development of a novel contraceptive product, specifically designed to address the needs of marginalized communities and the more than 19 million women living in contraceptive deserts.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
PO Box 20158
Charleston, SC 29413
USA
Charleston, SC 29413
USA
Phone
Website
Email Address
Not Recorded
Overview
Afaxys, whose name is derived from a combination of affordable and access, is a first-of-its-kind, impact healthcare company inspired by the need to solve a public health challenge. We stand together in partnership with community and public healthcare providers. Afaxys Inc., a Public Benefit Corporation, is a first-of-its-kind, socially conscious healthcare company that ensures healthcare providers have stable pricing and dependable access to the products and services they need to care for their patients seeking reproductive and sexual healthcare.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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