Amnion Life, with a $12.5 million valuation cap, is raising crowdfunding on Wefunder. The company has developed an artificial womb for preterm infants to replicate the fluid environment of the mother’s womb. The device, AmnioBed Golden Hour, uses synthetic amniotic fluid to prevent traditional hypothermia in preterm infants and decreases other related complications. Amnion Life was founded by Amir Fassihi in 2016 and has raised more than $1.4 million since its inception. The current round of crowdfunding has a minimum goal of $125,000 and a maximum goal of $535,000, and the funds will be used for R&D costs for engineering and pre-clinical safety testing, ongoing regulatory and risk management, and other legal and accounting expenses. Amnion Life has two issued patents in the US and China, while the patents are pending in Europe, Japan, India, and Australia.