Venture Capitalists News Hubb
Advertisement Banner
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
Venture Capitalists News Hubb
No Result
View All Result
Home Venture Capital Market

The Capital Quest | Suplyd, MyHealth Africa and Agroserv get funding cheques

admin by admin
December 17, 2022
in Venture Capital Market


Egyptian restaurant logistics startup Suplyd has raised a $1.6 million pre-seed round led by Endure Capital, Seedstars, Camel Ventures and Falak Startups.

Other backers who took part in the round include Outlierz, Plus Ventures, Fort, Alex Angels, and a group of angel investors.

Suplyd was founded earlier this year by Gohar Said, Karim Selima, and Ahmed ElMahdy. It digitises the procurement supply chain processes for hotels, restaurants and cafes. Through its platform, restaurants can buy stock directly from suppliers.

The newly acquired funds will enable the B2B startup to fine-tune its tech stack, grow its team and scale up its operations.

MyHealth Africa

Kenyan health-tech startup MyHealth Africa has raised a $1 million seed round to expand across the continent and enter Asia via the Middle East and South Asia next year.

The round was led by the GIIG Africa Fund, with participation from Samurai VC, a family office, and existing shareholders.

The company connects patients with local and international health specialists and hospitals via a booking platform, a medical management system, and a patient concierge service. Founded five years ago by Ryan Marincowitz, MyHealth Africa claims over 27,000 patients have used its platform to date.

Agroserv

Impact investors Oikocredit and I&P have agreed to jointly invest up to €6.2 million in Agroserv’s equity, while funding partners BIO and EDFI AgriFi will lend a further €6 million to the company. As part of the deal, Sinergi Capital is exiting the company after five years.

Ouagadougou-headquartered Agroserv supplies maize-based products to companies and households in Burkina Faso. It was founded in 2008 by Siaka Sanon.

With this new investment, Agroserv is building a new agro-processing plant in Bobo-Dioulasso, Burkina Faso. It aims to increase its processing capacity to more than 160 tonnes daily and to diversify into higher-value-added products, including high-energy flour, pre-cooked corn meal and soya protein for sale to households, to the government for school canteens and to the World Food Programme.

Related



Source link

Previous Post

Maple Finance Opts for Immediate Defaults To Curb Bad Loans

Next Post

ONDC to make its first Tier II city launch next week

Next Post

ONDC to make its first Tier II city launch next week

Recommended

The Capital Quest | Chiratae’s debut growth fund oversubscribed, collects $90 mn at first close

3 months ago

The Capital Quest | African startups AfyA Care, Eden Care, Hoods and Unlock raise capital

3 months ago

Paytm shareholders approve re-appointment of Vijay Shekhar Sharma

5 months ago

Swiggy offers premium grocery delivery with new vertical, Handpicked

4 weeks ago

Volatility Index Paints a Gloomy Picture for Bitcoin, Equities

2 months ago

The Capital Quest | Verdant Capital’s hybrid fund strikes maiden deal in Uganda

5 months ago

© 2022 Venture CapitaLists News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

© 2022 Venture Capitalists News Hubb All rights reserved.