Shadine Taufik · · 1 min readPeter Thiel-backed IVF firm launches clinics in Thailand, Malaysia
The urban landscape of Southeast Asia / Image credit: Made by Tech in Asia using AI
Generation Prime, a Singapore-headquartered firm offering fertility health services, has launched its first clinics in Bangkok and Kuala Lumpur. It plans to roll out a total of 15 clinics across Thailand, Malaysia, and Singapore over the next three years, the company tells Tech in Asia.
Generation Prime received a US$3 million incubation investment last year, pushing the firm’s valuation to US$12.5 million. Recharge Capital led the round, with Thiel Capital, Blue Lion Global, and Disney’s investment arm Shamrock Holdings participating, among others.
The company offers a variety of in-vitro fertilization (IVF) services, including fertility preservation, assisted conception, advanced fertility tests, surrogacy, and preimplantation genetic testing.
Generation Prime aims to provide these services at affordable prices for Southeast Asian consumers.
“Fertility is one of the most pressing issues facing our society, however, the sector remains largely overlooked,” Recharge Capital founder Lorin Gu said in a press statement last year.
The firm said that medical tourists traveling to Southeast Asia can also benefit from Generation Prime’s lower pricing.
See also: This Indonesian healthtech firm checked out of hospitals to run clinics
Editing by Thu Huong Le and Dhania Putri Sarahtika
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