South African health-tech startup, Kena Health, has raised $2 million in seed funding.
The startup secured the seed extension funding from NEXT176, a subsidiary of Old Mutual, and Tofino Capital, a US-based market investor. Launched in 2022, Kena Health aims to revolutionize the healthcare industry by leveraging technology to improve access to quality healthcare services.
The startup provides a comprehensive telehealth platform that connects patients with licensed healthcare professionals via a smartphone, allowing for remote medical advice, diagnoses, and prescriptions. The platform also incorporates digital health tools and features, such as electronic health records and remote monitoring, to enhance patient care and improve health outcomes.
The $2 million funding injection will enable Kena Health to accelerate its expansion plans, further develop its technology infrastructure, and strengthen its team of healthcare professionals and technical experts. The startup intends to utilize the funds to enhance the platform’s capabilities, extend its reach to underserved communities, and invest in research and development to innovate and refine its solutions continuously.
TowerCo of Africa Tanzania (TOA Tanzania), a telecommunications infrastructure provider, has signed a $30 million financing agreement with British International Investment (BII) to bolster its network across the country.
Lucky ONE, an Egyptian fintech specializing in consumer credit, has successfully raised $3 million in a convertible bond funding round.
Oyster Agribusiness, a pioneering agricultural technology startup based in Ghana, has raised $310,000 in funding in its latest investment round.
© 2021 Empower Africa. All rights reserved.