Medical Equipment Manufacturing Startups in Africa

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Medical device manufacturing in Southern Africa is still in its early stages of development. While there are a few established players like Envisionit and Cure Bionics, the majority of the market is made up of small and medium-sized enterprises. Local business leaders are optimistic about the future of the industry, citing the growing demand for affordable healthcare and the government's support for local manufacturing. However, there are also concerns about the lack of skilled labor and the hi...

Cummulative Funding

$32.2M+

Total # of Companies

3

Total Deal Count

7

Total M&A Count

0

Total # of Investors

11

List of Medical Equipment Manufacturing startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Hewatele is a registered social enterprise setup with a key mandate to ensure oxygen is available, affordably to all needy patients.

Debt Financing

$ 30,500,000

2014

2.

Envisionit Deep AI is an innovative MedTech company that uses AI to streamline & improve medical imaging diagnosis for radiology.

Seed

$ 1,700,000

2019

3.

Cure Bionics is a Tunisian MedTech startup that develops 3D-printed bionic prosthetics for people with limb differences

Non-equity Assistance

$ 50,000

2018

Hewatele

Founded

2014

Overview

Hewatele is a registered social enterprise setup with a key mandate to ensure oxygen is available, affordably to all needy patients.

Last round

Debt Financing

Total raised

$ 30,500,000

Employee

11-50

Founded

2019

Overview

Envisionit Deep AI is an innovative MedTech company that uses AI to streamline & improve medical imaging diagnosis for radiology.

Last round

Seed

Total raised

$ 1,700,000

Employee

11-50

Founded

2018

Overview

Cure Bionics is a Tunisian MedTech startup that develops 3D-printed bionic prosthetics for people with limb differences

Last round

Non-equity Assistance

Total raised

$ 50,000

Employee

2-10

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