Pharmarun – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Thu, 28 Sep 2023 10:44:40 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Pharmarun – Tech | Business | Economy https://techeconomy.ng 32 32 Five African Startups, among 30 Global Join Google for Startups AI for Health Growth Academy https://techeconomy.ng/five-african-startups-among-30-global-join-google-for-startups-ai-for-health-growth-academy/ https://techeconomy.ng/five-african-startups-among-30-global-join-google-for-startups-ai-for-health-growth-academy/#comments Thu, 28 Sep 2023 10:44:40 +0000 https://techeconomy.ng/?p=114369 The Google for Startups Growth Academy: AI for Health has announced its 2023 cohort, welcoming 30 visionary startups from across Europe, the Middle East, and Africa.

This dynamic lineup includes five innovative African startups poised to revolutionize healthcare with AI-driven solutions.

After an extensive selection process that began in May, these startups are at the forefront of leveraging AI to address critical challenges, from early disease detection to improving information accessibility. Their innovations not only enhance the lives of billions but also stimulate robust economic growth.

Yuval Passov, Head of Google for Startups and program leader, expressed admiration for Africa’s innovation in the AI for Health sector, highlighting these startups as a testament to the continent’s global health solution development capabilities. Google aims to support and collaborate with them as they scale and disseminate their groundbreaking solutions.

The African startups in the Google for Startups Growth Academy cohort, listed alphabetically, are as follows:

  • Eden Care (Rwanda): Blending AI and digital health to transform health insurance and corporate well-being.
  • iZola Limited (Kenya): Providing enhanced support for families with neurodivergent children through an AI-integrated therapeutics platform.
  • mDoc (Nigeria): Uplifting personal health practices through virtual health mentorship.
  • Pharmarun (Nigeria): Bringing regional pharmacies together with an innovative, patient-centric platform.
  • Zuri Health (Kenya): Pioneering patient care with an all-encompassing digital toolkit.

Beyond Africa, the selected startups include Biocam, offering a real-time digestive system scanning capsule, Mindstep with an app focused on enhancing brain and mental health, and Rayscape, providing radiologists with an AI-equipped digital assistant for better decision-making.

This initiative aligns with Google’s broader vision of supporting startups and accelerating their growth. In August, Google introduced the Google for Startups Accelerator: AI First, a 10-week, equity-free accelerator program aimed at assisting African startups in leveraging artificial intelligence to tackle local challenges.

Since launching Google for Startups Accelerator programs in Africa in 2018, Google has backed 106 startups from 17 African nations, collectively raising over $263 million in funding and creating more than 2,800 jobs.

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29 African Startups Selected for Investing in Innovation Africa (i3) Funding https://techeconomy.ng/29-african-startups-selected-for-investing-in-innovation-africa-i3-funding/ https://techeconomy.ng/29-african-startups-selected-for-investing-in-innovation-africa-i3-funding/#comments Mon, 18 Sep 2023 09:06:25 +0000 https://techeconomy.ng/?p=113364
  • The second cohort comprises 29 startups chosen from 10 African countries. Notably, 38% of these startups are led by women, and 17% operate within Francophone Africa.
  • Selected startups will receive a $50,000 grant and access to market opportunities to foster growth-focused partnerships with donors, industry, and institutional stakeholders.
  • Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, has announced its second cohort of 29 companies.

    Funded by the Bill & Melinda Gates Foundation and sponsored by Cencora (formerly AmerisourceBergen), Merck Sharpe & Dohme (MSD), Microsoft, and Chemonics, i3 is dedicated to facilitating the commercialization of promising early- and growth-stage companies.

    Selected startups receive introductions to leading potential customers in industry, donor agencies and governments, a $50,000 grant, and tailored investment readiness support from leading accelerators Villgro Africa, IMPACT Lab, Startupbootcamp Afritech, and CcHUB.

    The 29 start-ups chosen operate in 21 different African countries, delivering digitally-enabled healthcare supply chain solutions. Innovators are building online pharmacies and telemedicine firms, as well as inventory management services for pharmacies, clinics and hospitals, supply chain data analytics, product protection, product visibility and more.

    Thirty-eight (38%) of the companies selected are women-led and 17% are conducting operations in Francophone Africa.

    The selected companies are, in alphabetical order: Afia Group Limited, Aimcare Health, Bena Care, BioCertica, Chari Pharma, CheckUps Medical, Chefaa, Dawa Mkononi, Drugstore Nigeria, Famasi Limited, Field Intelligence, Inc, GICMED, Grinta, Healthtracka, Kapsule, Medical Diagnostech, Medpharma Alliance International Limited, Octosoft Technologies Limited, Pharmarun, Pharmaserv Health Project Nigeria Limited, Reductiona, SASA Health Limited, Tech Care For All Eastern Africa, Technovera – Pelebox Smart Lockers, Tibu Health, UltraTeb, Waspito, WellaHealth, and Welo.

    Innovators selected will benefit from the i3’s annual Access to Markets event in Nairobi, which will be held between 14-15 of November.

    The event facilitates dynamic partnership dialogues between industry stakeholders, governments, donors, and large multilateral agencies. Connections are made to drive the commercialization and scale of the start-ups through mutually beneficial contracts, pilot projects, and investments.

    The first cohort of 31 companies supported by i3 last year forged 24 contracts, pilots, and strategic partnerships to date.

    Kieran Daly, Director, Global Health Agencies and Funds at the Bill and Melinda Gates Foundation, commented: “As countries and global health institutions work to expand access to priority products, we face an urgent need to leverage solutions across the public and private sectors to improve health outcomes and strengthen local health systems. Programs like i3 help us understand, support and engage with technology-driven solutions emerging across Africa, hand-in-hand with our partners.”

    Yusuf Rasool, Director, Global Market Access, Sustainable Access Solutions at MSD, noted, “We are excited to have a second cohort of 29 innovative changemakers in African healthcare enter the program. Investing in these companies are a means of delivering lifesaving solutions and empowering communities through the access of critical medicines across the continent.”

    Jason Dinger, Senior Vice President of Global Products and Solutions at Cencora

    “The range of startups selected for the second cohort reflects the breadth of talent and creativity in the

    African entrepreneurial landscape, and we look forward to witnessing the transformative impact of their solutions in the years to come.”

    Investing in Innovation Africa (i3) is coordinated by Salient Advisory and SCIDaR and is operationalized by leading technology hubs across the continent: CCHub for West Africa, Startupbootcamp AfriTech for Southern Africa, IMPACT Lab for North and French-speaking Africa, and Villgro Africa for East Africa.

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