New Investments

Cameroonian Health Startup Waspito Secures $2.5 Million Seed Extension to Expand Telemedicine Services

Waspito, a Cameroonian health startup pioneering telemedicine services, has successfully raised a $2.5 million seed extension in a funding round led by DP World.

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.

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