E-health startup raises 7-figure seed capital for AI-based platform

SOUTH AFRICA – E-health startup iNNOHEALTH has secured a seven-figure seed investment from an unnamed Hong Kong-based VC for its AI-based healthcare platform it hopes will position it at the forefront of digital healthcare in the country.  Founded in 2020 by medical doctors Chad Marthinussen and Wade Palmer, and chartered accountant Abdul Malick Salie, iNNOHEALTH’s focus is on providing solutions for quality,  affordable and equitable healthcare to everyone on the African continent. The start-up’s first product is the doctor-led app MyPocketHealth, an integrated patient healthcare platform that will provide comprehensive…

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E-health startup Yodawy raises US$7.5m Series B funding to expand its product offering

EGYPT – Yodawy, an e-health startup, has raised a US$7.5 million Series B funding round to help it expand its product offering and enter new markets. Yodawy plans to utilize the latest funds to launch new products and grow into other countries, according to a statement from the firm, which did not disclose the markets the startup is eyeing for expansion. Yodawy, according to Jad El Boustani, Managing Director of MEVP, is well positioned to automate the healthcare industry by seamlessly linking insurance companies, pharmacists, and patients. He also described…

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E-health startup MDaas Global raises US$2.3m seed extension funding round

NIGERIA – MDaas Global, an e-health startup, has raised a US$2.3 million seed extension funding round led by Newtown Partners via the Imperial Venture Fund, with participation from CRI Foundation, FINCA Ventures, Techstars, and Future Africa, among others. With the funding, MDaaS Global is launching SentinelX, a digital health membership that champions preventive, personalised, and continuous care using proprietary technology. Currently in private beta and with a speedily growing waitlist, SentinelX is set to launch publicly in September 2021. The extension round, which brings MDaaS Global’s total funding to date…

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Nigerian health tech start-up Helium Health introduces new products as it enters Kenyan market

KENYA – E-health start-up Helium Health of Nigeria, has partnered with three local providers, Philips Healthcare Technologies, Carepay, and Savannah Informatics to  launch its operations in Kenya. The partnership will enable it to integrate new services, including an EMR to serve the entire East African market. Launched in 2016, Helium Health is the largest Electronic Medical Records (EMR) and Hospital Management Information (HMI) Systems provider in West Africa.  The start-up was founded by three entrepreneurs, Adegoke Olobusi, Tito Ovia and Dimeji Sofowora, with a shared passion for solving the practical problems that they identified…

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E-health startup CribMD raises US$2.6m seed round for its expansion plan

NIGERIA – CribMD, an e-health startup which describes itself as “Uber for doctors”, has raised a US$2.6 million seed round from US accelerator Sputnik ATX and The Guardian Nigerian, as it looks to expand upon its initial traction. Launched in June 2020, CribMD connects users with doctors for house calls and telemedicine services via its on-demand platform, allowing them to schedule appointments from the comfort and safety of their home, on their own schedule. “We’re revolutionising each and every step of the care process, from affordability, patient-provider matching, to billing,…

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E-health start-up TIBU raises seed funding round from Blue Haven Initiative to expand its product offering

KENYA – E-health start-up TIBU, a digital platform that decentralises primary outpatient care to bring it directly to patients in Kenya, has raised a seed funding round to help it scale its operations. Mooted in 2016, built in 2019, and launched to the public in early 2020, TIBU is an on-demand platform that connects people to healthcare workers in real-time, who deploy to a location and time of the patient’s choosing.  The start-up has served over 10,000 patients since its launch, rolled out a comprehensive home-based vaccination service alongside Amref Health Africa, launched…

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Health payment provider CarePay lends US$18.2m to private healthcare providers in Kenya

KENYA – CarePay,  a platform that supports private and public health plans with smart mobile health wallets to provide access to good healthcare has lent out US$18.24 million to private healthcare facilities last year, largely to fund acquisition of essential equipment and expansion. The loan facility, under CarePay’s medical credit fund (MCF), saw disbursements go up from about US$456204 per month by the third quarter in 2020 to more than US$3.65 million a month in the fourth quarter. “We used our data on medical care expenses made via our platform, M-tiba,…

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E-health startup VRapeutic joins Canada’s MakerLaunch programme in its expansion plans

EGYPT – VRapeutic, Egyptian e-health startup that uses virtual reality (VR) technology to help treat learning difficulties and developmental disorders, has joined the MakerLaunch programme at the University of Ottawa, moving it one step closer to expanding into the Canadian market. Launched in 2017 by Ahmad Al-Kabbany, VRapeutic, who researched VR for his PhD in electrical engineering, uses virtual reality (VR) technology to help treat learning difficulties and developmental disorders. VRapeutic delivers VR software modules, installed on VR headsets, to therapy centres, with a child then watching particular modules dependent…

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