Neothera Raises $1.03 Million in Pre-Seed Funding
Neothera, a startup focused on addressing chronic skin conditions through a personalized, root-cause approach, has announced a successful pre-seed funding round. On July 8, 2026, the company secured $1.03 million (Rs 9 crore) in investment, led by Blume Ventures. The funding round also saw participation from a diverse group of investors including Barbershop Fund, Consumer Collective, Veltis Capital, as well as angel investors Arjun Purkayastha, Malika Sadani, Mukul Rastogi, and Diksha Pandey.
About Neothera
Founded by Radhika Agarwal, Neothera aims to tackle acne by offering a holistic program that combines diagnostics, nutrition, technology, and clinically validated products. Agarwal, who previously worked as a consumer-tech investor and was recognized in Forbes 30 Under 30 Asia 2023, leads the company as its CEO. "We are committed to long-term solutions for skin health, rather than temporary fixes," Agarwal said.
Strategic Use of Funds
The funds from this pre-seed round will be strategically utilized to enhance Neothera's technology infrastructure, broaden its product offerings, and intensify research and development efforts. The company also plans to expand its clinical and scientific team and boost customer acquisition initiatives.
Expansion Plans
Neothera has been in development for nearly 20 months, during which it conducted extensive research and beta trials in collaboration with dermatologists and nutrition experts. The startup has already tested its protocols with early users through pilot programs, allowing it to refine its acne care solutions before the official launch.
With this new funding, Neothera is poised to expand its reach and continue its mission to provide effective, long-term solutions for individuals struggling with acne and other skin conditions.