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
-
Senegal thwarts cyberattack, saves $7.9 million in oil sector fraud attempt
16:54
-
Kenya targets UK market to boost mango exports
16:53
-
Uganda restricts Starlink equipment imports ahead of January election
16:50
-
Rome Resources targets copper potential at Bisie North in the DRC
16:40
-
Gold hits new record near $4,500 an ounce as rally extends in 2025
16:27
-
Guinea rolls out Trésor Pay as digital gateway for public payments
13:06
-
Cameroon: PHP and CDBM acquire Boh Plantations banana assets
09:47
-
Togo’s Lacs 1 municipality adopts 2026 budget up 25% year on year
09:13
-
Togo revenue authority raises CFA830.5bn in Jan-Sep 2025, up 5.6% YoY
09:08
-
Orange deploys digital services for AFCON Morocco 2025
11:50
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...
BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilot to open new high-value export markets Less than...
Starlink equipment imports now require military authorization Measure applies immediately despite lack of official justification Decision...
Company is assessing copper recovery at its Bisie North project Metallurgical tests are nearing completion, with results expected soon Tin...
Gold reached a fresh all-time high during trading on December 23 Prices are supported by geopolitical tensions and rate-cut expectations Gold...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...