April 27, 2009: Monica Healthcare — PUK Ventures invested almost $1.1 million into UK-based startup, Monica Healthcare, which develops wireless technology for monitoring the health expectant mothers and their fetuses. The company raised $1.6 million in total for the round. Monica Healthcare was spun out from the University of Nottingham in May 2005. The company has a number of other wearable devices under development for accessible obstetric services at home and in the hospital. The company had two previous rounds of funding – a nearly $750,000 seed round and a $1.5 million round in 2007.
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