MOMI Brands will use the investment to fund the development and commercialization of its patented technologies for an innovative breast pump and an infant feeding system. Leading the investment were Kapstone Medical and Enventys Partners, two Charlotte, North Carolina firms that have partnered with the company for the development of the breast pump technology.

Also participating in the investment round was the Start100 Fund, a Charlotte-based investment fund that provides capital and strategic marketing support to startup companies preparing to launch consumer products.

MOMI Brands is a development stage company commercializing technologies for innovative breast pumps and infant feeding systems. The company's mission is "to make life better for moms and their babies with technologies that work like nature."