African Healthtech Startups, Including MPharma, Sproxil Receive $225K Each In New I3 Cohort - AfroTech

Seven African healthtech startups have been selected for the latest cohort of the Investing in Innovation Africa (i3) program . Each will receive up to $225,000 in grant funding and tailored support to scale solutions that improve medicine access. Backed by the Gates Foundation, Merck & Co. Inc. (MSD), Sanofi, and others, i3 supports growth-stage startups working to close critical health care gaps. This cohort emphasizes pharmacy-related solutions, a vital part of health care in many African countries , where pharmacies handle up to 70% of initial patient visits, according to Urban Geekz. The selected startups, which are dedicated to developing a range of scalable, tech-enabled solutions, include: mPharma Chefaa Dawa Mkononi Meditect myDawa RxAll Sproxil Their offerings include AI-powered prescription refills, last-mile medicine delivery, cloud-based pharmacy systems, embedded financing, inventory management, and product authentication to reduce fraud and improve drug safety. “It is...