New Investments
Egyptian Healthtech Almouneer Raises $3.6 Million to Scale Diabetes Management App
| Article

Egyptian healthtech startup Almouneer has raised $3.6 million in seed funding to develop and scale its DRU app, a platform for lifestyle and diabetes management.
Egyptian healthtech startup Almouneer has raised $3.6 million in seed funding to develop and scale its DRU app, a platform for lifestyle and diabetes management.
The round was led by Dubai-based Global Ventures, with participation from Wrightwood Investments, Proparco, and Digital Africa via the Bridge Fund.
Almouneer’s DRU app allows users to upload their medical records, including blood sugar levels and blood pressure readings.
It also provides access to up-to-date medical information and current medication details and offers teleconsultation features so patients can connect with healthcare professionals via chat or phone.
The app is particularly valuable in regions like Africa and the Middle East, where the burden of diabetes is high and access to healthcare can be limited.
According to the International Diabetes Federation, the number of people with diabetes in the Middle East and North Africa is projected to increase by 96% between 2019 and 2045.
Almouneer’s co-founder and CEO, Noha Khater, said the company plans to use the funding to expand its product offerings into adjacent markets within Africa and the Middle East.
The company is also considering expanding to Saudi Arabia, the UAE, Nigeria, and Kenya in the coming year.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“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.
You may also like...

Egyptian Health Insurance Startup Sehatech Raises $850k to Digitize Healthcare
Sehatech, an Egyptian health insurance startup that uses technology to automate medical approvals, claims processing, and billing, has raised $850k in funding.
September 9, 2023

BURN Manufacturing Issues Africa’s First Green Bond of $10 Million for Clean Cooking
BURN Manufacturing (BURN), a leading clean cookstove manufacturer, distributor, and carbon-offset project developer, has announced the issuance of Sub-Saharan Africa’s first-ever green bond designated for clean cooking financing of USD $10 Million.
November 6, 2023

SBI Holdings Commits $80M to Fuel African Startups Through New Partnership With Novastar Ventures
Japanese VC firm SBI Holdings and Africa’s Novastar Ventures have announced a strategic partnership, with SBI Holdings committing $40 million to anchor Novastar’s future funds.
November 3, 2023