Healthtech startup Takestep raises seed round investment for its expansion plans

EGYPT – TakeStep, a healthtech startup, has raised an undisclosed seed round investment to expand its operations to the GCC countries (Gulf Cooperation Council) in the near future. The investment was from two angel investors; Dr. Mohamed Hossam Khedr, who is also joining TakeStep as Managing Partner, and another Egyptian angel investor. Founded in 2018, the company has been helping over 15,000 patients to recover, and steer clear of relapsing, through 24/7 counselling services via its patient-centric web and mobile platforms. TakeStep aims to support people struggling with substance abuse…

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Healthtech startup Redbird secures US$1.5m investment for expansion to new market

GHANA – Redbird, an Accra-based healthtech startup, has secured US$1.5 million in a Seed Round of investment with participation from Johnson & Johnson Foundation and Newtown Partners via the Imperial Venture Fund. According to the startup, the funding will be used to expand Redbird’s business model, operations and to enter new markets. “We’re thrilled to work with Johnson & Johnson Impact Ventures and Newtown Partners. Newtown and Imperial’s expertise in African supply chains, coupled with Johnson & Johnson’s long-standing commitment to improving care for the most vulnerable populations through technology,…

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Healthtech Dileny Technologies secures US$160k to expand its AI-Enabled platform

EGYPT – Dileny Technologies (DilenyTech) LLC, an Egypt-based healthtech startup, has secured a US$160,000 non-equity grant from the Information Technology Academia Collaboration (ITAC) program affiliated with the Information Technology Industry Development Agency (ITIDA). The fund, which was received a few months after the startup was awarded a US patent for a novel AI-enabled image analysis technology, will be used to expand its AI-Enabled platform to improve and expedite breast cancer detection. DilenyTech develops solutions for medical imaging analysis, breast cancer risk assessment, and structured reporting in several medical applications. The…

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