Nua announces $50m Series C transaction led by Peak XV and Filter Capital
The transaction combines primary funding and secondary share sales as Nua expands products, brand investment and distribution.
Primary capital and secondary sales in one transaction
Peak XV Partners and Filter Capital led Nua’s reported $50 million Series C transaction, with existing investors Mirabilis Investment Trust and Footpath Ventures participating. The total includes both primary financing and secondary share sales; the allocation to newly issued capital was not disclosed.
Nua plans to strengthen brand building, widen distribution and invest in research and new products. The expansion spans its wellness range and digital services, which the company says reach more than three million women and girls monthly.
Use of funds
Strengthen brand building
Expand distribution and reach
Invest in R&D and new product development