The round also included participation from Newtown Partners, Saviu Ventures, AAIC Investment, Axian Ventures, and CFAO’s Health54, bringing Waspito’s total funding to $5.2 million since last year’s $2.7 million seed round.
This significant investment will fuel Waspito’s growth initiatives, particularly in expanding its telemedicine services across the Francophone region.
The startup, founded in early 2020 by Jean Lobe Lobe, has established itself as a leading provider of accessible healthcare services through its health-focused social network.
At the heart of Waspito’s success lies its unique health ecosystem, which connects users (patients) directly with verified doctors through instant video calls.
Unlike traditional telemedicine platforms that require pre-registration and scheduled appointments, Waspito prioritizes immediate access to healthcare, enabling users to connect with available doctors in real-time.
This approach addresses the urgent healthcare needs of users and aligns with Waspito’s vision of making healthcare accessible to all.
Further enhancing the user experience, Waspito facilitates sample collection from homes and the delivery of medication, providing a comprehensive healthcare experience.
This integrated approach has earned Waspito the moniker “Facebook for healthcare,” reflecting its user-friendly platform and commitment to providing accessible healthcare services.
Earlier this year, Waspito expanded its operations to Ivory Coast, introducing a hybrid model that combines virtual consultations with offline mini-clinics.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Renew Capital, a firm specializing in impact investments across Africa, has announced its debut investment in Ghana.
Equator Africa, a venture capital firm, has secured an additional $5 million from the International Finance Corporation (IFC) to support businesses and foster innovation within Africa’s climate tech sector.
Pan-African private equity firm Inspired Evolution has announced the second closing of its Evolution III fund, raising capital to support clean energy projects across the continent.
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