Malaysian digital health startup Naluri said it has raised US$1.1 million after completing another pre-series A round, following its US$1.5 million raise in July last year.
The new injection was led by Malaysia’s Duopharma Biotech, M Venture Partners from Singapore, RHL Ventures from Kuala Lumpur, and other local and international private investors, according to a statement.
Through its app, Naluri combines behavioral science, data science, and digital design to offer health coaching and psychological support. It assigns personal health experts to users battling or at risk of chronic conditions such as diabetes and cardiovascular diseases, or chronic depression, anxiety, and stress.
It plans to use the fresh capital to extend its runway to at least 12 to 15 months as it gears up for its series A round. Jeremy Ting, president and co-founder of Naluri, said the company has already gained strong interest from investors for its next round, and it wants “to be able to demonstrate continued growth domestically and regionally.”