Nigerian based electronic health startup closes $10 million funding round from Japanese investors

Date:

LAGOS, May 7 – Helium Health, West Africa’s largest electronic medical records provider, on Thursday said it had completed a $10 million funding round, as investors step up the hunt for health-related startups amid the coronavirus pandemic.

Thank you for reading this post, don't forget to subscribe!

Dubai-based Global Ventures co-led the investment round with Asia Africa Investment & Consulting (AAIC), which is backed by Japanese investors. The startup, based in Nigeria’s commercial capital Lagos, also received investment from China’s Tencent in the Series A funding round.

“Helium Health has the opportunity to solve large problems through its software and help accelerate healthcare accessibility,” said Noor Sweid, general partner and founder at Global Ventures.

The startup said it will use the investment to grow its customer base in Nigeria, Ghana, and Liberia, and to fund a planned expansion this year into North Africa, East Africa, and Francophone West Africa.

Share post:

Subscribe

Popular

More like this
Related

“Two broke people dating should be a crime” – Cynthia Morgan

March 28, 2024. Azonuchechi Chukwu. Nigerian singer, Cynthia Morgan has explained...

Positive Outlook for Nigeria as Interest-Rate Increases Spark Investor Interest

Nigeria Leads Emerging-Market Rebound Amidst Policy ReformsAs the first...

“West Africa’s Cocoa Crisis: Chocolate Prices Soar Amidst Devastation”

Janet Gyamfi, a 52-year-old cocoa farmer from western Ghana,...

Nigeria’s New Mining Licensing Strategy: A Shift Towards Local Processing

Nigeria is shifting its mining licensing process to prioritize...
Social Media Auto Publish Powered By : XYZScripts.com

Discover more from Naija247news

Subscribe now to keep reading and get access to the full archive.

Continue reading