Nigerian Helium Health raises $7mln from two foreign investors
Friday, 01 May 2020 13:50
Nigeria-based health tech startup Helium Health has successfully raised $7 million in equity investment from two foreign investors.
One of them is Dubai-based venture firm Global Ventures which, with this co-investment, is making its first interest acquisition in the health tech segment in emerging countries. The second contributor is Singaporean Asia Africa Investment and Consulting.
The provided resources will finance the deployment of tech solutions and tools for health workers. To help fight the current coronavirus pandemic, Helium Health has developed telemedicine tools that are aimed at facilitating access to information and analyze results for covid-19 patients.
According to Noor Sweid, partner at Global Ventures, the health tech sector will be of great interest for investors over the next five years, just like “fintech was for the last five years.”
Helium Health is co-founded by three young Nigerian entrepreneurs. The company launched operations in 2016 and aims to accelerate Africa's transition into technology and data-driven healthcare sector.
Chamberline Moko
Live News
-
With Eséka Acquisition, Opalm Signals Expansion in Cameroon’s Palm Oil Industry
13:47
-
Kenya Establishes National Registry to Bring Oversight to Carbon Credits
13:36
-
Gold Prices Rise, but Output Slows at Mauritania’s Tasiast Mine After a Record Year
12:56
-
South Africa Hits Record Auto Exports in 2025 Despite U.S. Tariffs
12:33
-
Ivory Coast May Cut Farmgate Cocoa Prices Amid Market Slump
12:19
-
Togo Reviews Investment Governance to Align with AfCFTA Investment Protocol
10:51
-
After $750m London Bond Triumph, Cameroon Prepares to Hunt CFA585bn on International Market
09:09
-
AI Ventures Accelerator Opens Applications for Women-Led African Startups
07:07
-
Central Africa Internet Governance Forum Opens in Bujumbura
07:04
-
Nairobi to Host 26th Connected Banking Summit on March 11
07:02
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Kenya launches a national digital registry to centralize carbon credits. Platform aims to prevent double counting and improve transparency. Reform...
Kinross expects 505,000 ounces of gold production at Tasiast in 2026. Output remains below 2024 levels due to lower-grade ore phase. Tasiast accounts...
South Africa exported a record 414,268 vehicles in 2025, up 5.9% year on year, according to National Association of Automobile Manufacturers of South...
Ivory Coast authorities may reduce the farmgate cocoa price, following Ghana’s 28.6% cut. International cocoa prices have fallen about 70% from...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...