Hormona in a SEK 15 million equity financing round backed by Nascent Invest, Techstars and Blackheat Capital.

Hormona, a Stockholm, Sweden-based startup building a mobile app helping women improve their hormonal health, announced raising SEK 15 million ($1.5 million) in a pre-seed funding round.

The money was raised from investors including Nascent Invest AB, Techstars and Blackheat Capital AB.

The proceeds will be used for R&D and to grow the team ahead of its launch in Europe this fall, which will be followed by a U.S. launch in early 2023.

Hormona, founded in 2020 by CEO Karolina Löfqvist and Jasmine Tagesson, provides a proprietary at-home urine test, that is currently still under development, and will measure three hormones in less than 15 minutes. The final results aim to provide women with information about their hormones, as well as personalized guidance.