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Quro Medical, a pioneering leader in innovative healthcare solutions, has secured a $1.3 million investment from the Mineworkers Investment Company (MIC).
Founded in 2018, Quro Medical is at the forefront of redefining healthcare delivery in South Africa. With a vision to provide quality care outside traditional hospital settings, Quro Medical’s Hospital-at-home Services offer a transformative approach that brings personalised medical care to the comfort of patients’ homes. The new investment will empower Quro Medical to expand its operations, scale its services, and further develop its cutting-edge technology platform. The startup’s latest investment marks a pivotal moment in its journey towards reshaping healthcare in South Africa.

Downforce Technologies, a leading climate tech company, has secured $4.2 million in funding to develop advanced soil health solutions specifically tailored for the African agricultural sector.

South African tech education provider HyperionDev announced securing R95 million (approximately $5 million) in a new funding round. This latest investment brings the company’s total growth capital to R595 million ($31.1 million).

The African Development Bank Group (AfDB) has approved a Zambian Kwacha-backed Risk Sharing Credit Guarantee worth $32 million to help finance Zambeef Products Plc’s $100 million expansion plan in Zambia.