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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.

Communication & Renewable Energy Infrastructure (CREI), the energy division of Ieng Group, has secured $40 million in bridge financing to expand renewable energy systems for telecom towers in Mali.

Scalar International and Mergence Investment Managers have launched a new $150 million private equity fund to support clean energy and digital infrastructure projects in the region.

Leading global venture capital firm Partech has announced the final closing of its Partech Africa II fund, securing €280 million (over $300 million) to fuel the growth of African startups across diverse sectors.