Fertility startup Kindbody is currently considering a potential sale as it looks to secure $10 million in bridge financing following the failure of a recent funding round.
Sources familiar with the matter have revealed that the company has received takeover proposals from external buyers.
In order to navigate its financial challenges, Kindbody is actively seeking investments from both new and existing investors to sustain its operations during this critical period.
The discussions surrounding a potential sale and the search for interim funding highlight the startup's pressing need to stabilize its business in the face of changing market conditions.