· 2 months ago

The Daily Brief: Vezeeta raises $12M, DabaDoc raises investment, and more

vezeeta

Image: MENAbytes

Today’s activity includes Vezeeta raising $12 million in Series C, University of Dar investing $6K in young entrepreneurs, Morocco’s DabaDoc raising investment, and more. Find more below;

  1. Vezeeta raises $12 million Series C led by STV

Cairo-based healthtech startup Vezeeta has raised $12 million in its Series C round led by Saudi Arabia’s STV Capital, the largest VC fund of Middle East & North Africa. It is the largest-ever investment raised by an Egyptian startup.

With this round, Vezeeta has now raised about $22.5 million in funding so far, which makes it one of the best funded startups in the region. Full story on MENA bytes.

2. University Of Dar-es-Salaam Invests $6K In Young Digital Entrepreneurs

Suku Enterprise, Recyclers, and Lily Pads emerged top three contestants of the Digital Entrepreneurship Competition recently organised by the University of Dar-es-Salaam Entrepreneurship Centre and Digital Opportunity Trust.

They earned a prize money of $3k, $2K, and $1K respectively. The winners were picked from a list of 40 participants who underwent six weeks of online training.  Full story on WeeTracker.

3. Moroccan Startup DabaDoc Raises Investment From AXA Insurance Morocco

Moroccan healthtech enterprise, DabaDoc; a online tech platform which makes it possible for users to find and locate qualified doctors has announced the receipt of investment of an undisclosed amount from top insurer, AXA Insurance Morocco.

AXA also doubles as the startup’s first institutional shareholder. The funds will boost DabaDoc to enhance its place in markets where it currently boasts presence, such as Morocco, Algeria, and Tunisia. Full story on WeeTracker.

4. 10 e-health startups to pitch in Merck Accelerator Lagos Satellite Programme

The Merck Accelerator has been holding Satellite Programmes across Africa this year, with other editions taking place in Nairobi and Cape Town. The programmes offer startups a gateway to potential collaboration with Merck, with participants asked to submit ideas related to a number of Merck’s ongoing projects.

The Lagos Satellite Programme concludes with a pitch event at Seedspace Lagos, with 10 startups selected to pitch in front of an audience of healthcare and life sciences experts for the chance to collaborate with Merck. Full story on Disrupt Africa.

5. SA’s tastePal ready to scale after early success with corporates

South African startup tastePal is ready to scale into other sectors and countries after completing its proof of concept stage with six corporates.

Founded last year, tastePal aims to cut out lunchtime queues via its mobile app, which allows users to view the menu of their staff restaurant, order their meal, customise the order, make payment, and receive a notification when the meal is ready. Full story on Disrupt Africa.

That’s it for the day. Don’t forget to subscribe to our newsletter to get The Daily Brief in your inbox.

VIEW ALL COMMENTS
0 Comments
Guest

Leave a Reply

Your email address will not be published. Required fields are marked *