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RPT-African startup Helium Health closes $10 million funding round

Published 07/05/2020, 13:16
Updated 07/05/2020, 13:18
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LAGOS, May 7 (Reuters) - Helium Health, West Africa's
largest electronic medical records provider, on Thursday said it
had completed a $10 million funding round, as investors step up
the hunt for health-related startups amid the coronavirus
pandemic.
Dubai-based Global Ventures co-led the investment round with
Asia Africa Investment & Consulting (AAIC), which is backed by
Japanese investors. The startup, based in Nigeria's commercial
capital Lagos, also received investment from China's Tencent
0700.HK in the Series A funding round.
"Helium Health has the opportunity to solve large problems
through its software and help accelerate healthcare
accessibility," said Noor Sweid, general partner and founder at
Global Ventures.
The startup said it will use the investment to grow its
customer base in Nigeria, Ghana, and Liberia, and to fund a
planned expansion this year into North Africa, East Africa, and
Francophone West Africa.

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