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
-
Nigeria Approves VHF Radio Upgrades At Nine Airports
18:39
-
Ethiopia Launches 5-Year Digital Payment Strategy, Instant Payment System
18:05
-
Togo Begins Distribution of 3,900 Home Solar Kits
17:54
-
‘Ideas of Africa’ Portrait Exhibition to Open in New York on Pan-African Solidarity
17:49
-
Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
17:27
-
Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
17:10
-
Eneo to Install 20,000 Smart Meters on Public Buildings in 2026 to Secure State Billing
05:31
-
Cameroon Telecom Investment Jumps 35% to CFA194.49bn in 2024
05:29
-
Mbalam Iron Ore Mine Delays First Exports to Early 2026
05:26
-
CDEC’s Richard Evina Obam Pushes Strict Strategy Amid Resistance
05:23
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation r...
GSMA outlines reforms needed to meet targets of the New Technological Deal 2034 High mobile taxes...
Nigeria approves upgrade of VHF radio systems at major airports Project includes new biometric portals, scanners, and passenger guidance...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agriculture, and energy projects in member states Key decisions...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency, even as the continent continues to face the ongoing...
Chocolate giants linked to deforestation via indirect cocoa sourcing in Liberia Global Witness says opaque supply chains mask origin of uncertified...
MoMA opens Pan-African portrait photography exhibition on December 14 Show explores mid-20th century African identity and political...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...