NewGenIvf Bags $5.2M to Plant Fertility Flag in Dubai and Beyond

April 3, 2025

DENVER, Colo., Apr 03, 2025 (247marketnews.com)- NewGenIvf (NASDAQ:NIVF) reported that it just scored a $5.2 million cash injection to fuel a global growth spurt, starting with a high-tech fertility clinic in Dubai. This strategic funding unlocks up to $30.8 million to supercharge NewGen’s mission of making parenthood dreams real. With the UAE as its launchpad, the company’s eyeing a slice of the estimated $10 billion fertility market.

Siu Wing Fung Alfred, NewGen’s Founder, Chairman, and CEO, stated, “This strategic funding marks a significant milestone in our global expansion strategy and provides the liquidity we need to drive our long-term growth. The UAE’s progressive regulatory environment for fertility treatments allows us to offer a full suite of services, making it an ideal region for the next step of our expansion efforts. By capitalizing on our recently acquired Microsort technology, we plan to establish a strong presence in Dubai, which we hope will serve as a hub to reach patients from a variety of regions. This expansion represents a pivotal step in our commitment to providing world-class fertility solutions to patients around the world.”

The cash haul is split across two deals: On April 1, NewGen inked a new $3.2 million senior convertible note deal, with room to tap another $25.6 million in notes. Then, on April 2, it nabbed $2 million via the fourth tranche of an August 2024 pact with 14.75% interest, adjustable terms, all filed in an April 3 SEC 6-K. This war chest bankrolls a Dubai clinic, set to break ground in Q2 and open by Q4 2025, leveraging NewGen’s exclusive Microsort tech, a gender-selection edge, for IVF, egg donation, and surrogacy.

Dubai’s no random pick; its lax regs and global hub status make it a magnet for UAE locals, EU seekers, and India’s family-balancing crowd.

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