MedTech Startups in Africa

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MedTech in West Africa is booming, driven by rising incomes and a growing middle class. Local leaders are excited about the potential to improve healthcare access and affordability. Key players like Hygeia HMO, Helium Health, and Africa Health Holdings Limited are making significant strides in telemedicine, health insurance, and hospital management. Tech-savvy entrepreneurs are emerging, bringing innovative solutions to address local challenges. The future of MedTech in West Africa looks bright...

Cummulative Funding

$225.7M+

Total # of Companies

24

Total Deal Count

78

Total M&A Count

0

Total # of Investors

171

List of MedTech startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Hygeia HMO is the West African provider of integrated healthcare.

Venture

$ 66,800,000

1984

2.

Helium Health is accelerating Africa's transition to a technology and data-driven healthcare system

Series B

$ 42,170,000

2015

3.

Africa Health Holdings Limited is building a high quality, effective and sustainable healthcare system for Africa.

Convertible Note

$ 42,000,000

2017

4.

Field is a Healthtech supply chain company that accelerates emerging therapies and health technologies across the continent

Grant

$ 26,450,000

2015

5.

Remedial Health is a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient

Series A

$ 17,570,000

2019

6.

Axmed accelerates access to high-quality and affordable medicines through business and technology innovation.

Grant

$ 12,000,000

2023

7.

AfyA Care is a healthcare group providing integrated hospital care, health insurance and health technology services in Nigeria.

Series A

$ 6,000,000

2019

8.

Ubenwa Health is a MedTech startup building the future of automated sound-based medical diagnostics

Pre-seed

$ 2,500,000

2017

9.

Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.

Seed

$ 1,922,800

2017

10.

Intron Health provides clinical speech recognition for 200+ accents spoken in developing countries starting in Africa

Pre-seed

$ 1,857,400

2020

11.

Healthtracka is a digital health platform that makes lab testing easy and convenient with at-home sample collection and digital results.

Grant

$ 1,500,000

2021

12.

Healthtracka makes lab testing easy and convenient with at-home sample collection and digital results in 1-3days

Seed

$ 1,500,000

2021

13.

Platos Health is a technology startup on a mission to make preventive health accessible to all.

Pre-seed

$ 1,400,000

2020

14.

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Funding Round

$ 850,000

2018

15.

Clafiya connects individuals and businesses to health practitioners to provide on-demand primary care from their mobile phones.

Pre-seed

$ 735,000

2021

16.

Democratizing access to healthcare through digital and mobile solutions

Pre-seed

$ 200,000

2021

17.

mDoc is a Nigerian eHealth startup which provides people with chronic disease with access to integrated care support through mobile and web platforms.

Non-equity Assistance

$ 148,000

2013

18.

Emergency Response Africa (ERA) is a healthcare technology company that provides medical care to victims at the scene of the emergency

Non-equity Assistance

$ 65,000

2018

19.

Pharmarun is a on-demand platform providing fast and easy access to medication.

Non-equity Assistance

$ 60,000

2021

20.

GeroCare is a Nigerian medical home care service for the elderly.

Non-equity Assistance

$ 30,000

2017

Founded

1984

Overview

Hygeia HMO is the West African provider of integrated healthcare.

Last round

Venture

Total raised

$ 66,800,000

Employee

51-100

Founded

2015

Overview

Helium Health is accelerating Africa's transition to a technology and data-driven healthcare system

Last round

Series B

Total raised

$ 42,170,000

Employee

11-40

Founded

2017

Overview

Africa Health Holdings Limited is building a high quality, effective and sustainable healthcare system for Africa.

Last round

Convertible Note

Total raised

$ 42,000,000

Employee

201-500

Field

Founded

2015

Overview

Field is a Healthtech supply chain company that accelerates emerging therapies and health technologies across the continent

Last round

Grant

Total raised

$ 26,450,000

Employee

11-50

Founded

2019

Overview

Remedial Health is a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient

Last round

Series A

Total raised

$ 17,570,000

Employee

11-50

Axmed

Founded

2023

Overview

Axmed accelerates access to high-quality and affordable medicines through business and technology innovation.

Last round

Grant

Total raised

$ 12,000,000

Employee

11-50

AfyA Care

Founded

2019

Overview

AfyA Care is a healthcare group providing integrated hospital care, health insurance and health technology services in Nigeria.

Last round

Series A

Total raised

$ 6,000,000

Employee

11-50

Founded

2017

Overview

Ubenwa Health is a MedTech startup building the future of automated sound-based medical diagnostics

Last round

Pre-seed

Total raised

$ 2,500,000

Employee

2-10

Gricd

Founded

2017

Overview

Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.

Last round

Seed

Total raised

$ 1,922,800

Employee

11-50

Founded

2020

Overview

Intron Health provides clinical speech recognition for 200+ accents spoken in developing countries starting in Africa

Last round

Pre-seed

Total raised

$ 1,857,400

Employee

11-50

Founded

2021

Overview

Healthtracka is a digital health platform that makes lab testing easy and convenient with at-home sample collection and digital results.

Last round

Grant

Total raised

$ 1,500,000

Employee

2-10

Founded

2021

Overview

Healthtracka makes lab testing easy and convenient with at-home sample collection and digital results in 1-3days

Last round

Seed

Total raised

$ 1,500,000

Employee

2-10

Founded

2020

Overview

Platos Health is a technology startup on a mission to make preventive health accessible to all.

Last round

Pre-seed

Total raised

$ 1,400,000

Employee

11-50

Jamborow

Founded

2018

Overview

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Last round

Funding Round

Total raised

$ 850,000

Employee

2-10

Clafiya

Founded

2021

Overview

Clafiya connects individuals and businesses to health practitioners to provide on-demand primary care from their mobile phones.

Last round

Pre-seed

Total raised

$ 735,000

Employee

11-50

Founded

2021

Overview

Democratizing access to healthcare through digital and mobile solutions

Last round

Pre-seed

Total raised

$ 200,000

Employee

2-10

mDoc

Founded

2013

Overview

mDoc is a Nigerian eHealth startup which provides people with chronic disease with access to integrated care support through mobile and web platforms.

Last round

Non-equity Assistance

Total raised

$ 148,000

Employee

11-50

Founded

2018

Overview

Emergency Response Africa (ERA) is a healthcare technology company that provides medical care to victims at the scene of the emergency

Last round

Non-equity Assistance

Total raised

$ 65,000

Employee

2-10

Pharmarun

Founded

2021

Overview

Pharmarun is a on-demand platform providing fast and easy access to medication.

Last round

Non-equity Assistance

Total raised

$ 60,000

Employee

11-50

GeroCare

Founded

2017

Overview

GeroCare is a Nigerian medical home care service for the elderly.

Last round

Non-equity Assistance

Total raised

$ 30,000

Employee

2-10

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