Venture capital firm Lightbox has made its first investment from its $200 million third fund. It has invested $4 million in Nua, a female wellness brand. Existing investor Kae Capital has also participated in this Series A funding round. Nua, operated by Lagom Labs, creates products and services revolved around women’s health and wellness. Nua plans to expand its offerings to include other menstrual hygiene and women’s wellness products. It would be making investments in technology and data. The firm is also seeing “strong demand” from regions outside the country such as Southeast Asia and the Middle East.

(Business Standard)