New Investments
Nigeria's Intron Health Secures $1.6 Million to Revolutionize African Healthcare with AI
Intron Health, a pioneering Nigerian health-tech startup, has successfully raised $1.6 million in a pre-seed funding round led by Microtraction.
The investment, which also saw participation from renowned investors like Plug and Play Ventures and Octopus Ventures, will fuel the company’s mission to transform healthcare delivery in Africa through advanced speech recognition technology.
Intron Health has developed a groundbreaking clinical speech recognition platform that accurately converts spoken medical terminology into text, even in the presence of heavy accents.
This innovative solution enables healthcare workers to streamline documentation, reduce administrative burdens, and ultimately improve patient care.
With over 3,000 languages spoken in Africa, the startup has overcome significant challenges to build a robust platform capable of understanding diverse accents and dialects.
By creating Africa’s largest clinical speech dataset, Intron Health has trained its AI models to achieve up to 92% accuracy in medical transcription.
The fresh capital will be invested in expanding research, strengthening cloud and on-premise capabilities, and broadening the platform’s reach across the continent.
Intron Health also plans to bolster its team with top tech talent to drive product development and market expansion.
“We are excited to partner with such a strong group of investors who share our vision of leveraging technology to improve healthcare in Africa,” said Tobi Olatunji, Founder and CEO of Intron Health.
“This funding will accelerate our growth and enable us to make a greater impact on the lives of healthcare providers and patients.”
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