
Egypt’s Raya Foods Secures $40 Million Investment from Helios Investment Partners
Egyptian firm Raya Foods has secured a $40 million investment from Helios Investment Partners.
SA-based medical technology startup Impulse Biomedical has received a new round of funding from E Squared Investments and ANZA Capital.
The funding aims to support the company’s growth as it works to make emergency healthcare more affordable and accessible.
Impulse Biomedical was founded by Giancarlo Beukes and Gokul Nair, both of whom have backgrounds in engineering.
The company is focused on creating innovative medical devices that improve emergency treatment and patient care.
Two of its key products include the Easy Squeezy—a cost-effective and easy-to-use asthma inhaler—and the ZiBiPen, a refillable epinephrine auto-injector designed to offer a more sustainable and budget-friendly option compared to disposable ones.
Giancarlo Beukes expressed confidence about the future of the startup following the investment:
“This collaboration is a major step toward making life-saving healthcare tools more available on a global scale. We’re aligned with E Squared in our vision of driving progress and making a real impact,” he said.
Pyi Maung, head of investments at E Squared Investments, said the decision to support Impulse Biomedical was based on its strong mission and potential to deliver social good.
“We invest in ventures that combine business success with positive social outcomes. Impulse Biomedical reflects the kind of innovation and commitment needed in South Africa and beyond,” Maung noted.
With this new partnership, Impulse Biomedical is positioned to expand its reach and continue developing practical solutions for healthcare systems facing cost and access challenges.
“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.
Egyptian firm Raya Foods has secured a $40 million investment from Helios Investment Partners.
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.
FSD Africa Investments (FSDAi), the investment arm of FSD Africa, has made a significant financial commitment of $19.5 million towards climate adaptation and climate-aligned infrastructure projects across Africa.
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