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Tanzania’s Medikea raises $1.2 million to expand integrated healthcare network

Tanzania’s Medikea raises $1.2 million to expand integrated healthcare network

Tanzanian healthtech startup Medikea has successfully raised $1.2 million in pre-seed funding to expand its integrated healthcare network. The funding round, led by Baobab Network, Catalyst Fund, develoPPP Ventures, Madica, Impacc, Hustle Fund, O’Shaughnessy Ventures, Madiro, Boehringer Ingelheim Foundation, and an unnamed angel investor, will support the company's growth plans, including the opening of new clinics, hiring key personnel, and advancing technology and product development.

Founded in 2022, Medikea aims to provide a technology-enabled healthcare delivery system that combines virtual consultations with physical clinics, diagnostic labs, pharmacies, and specialist care. The startup's co-founder and CEO, Dr Elvis Silayo, emphasised the importance of rebuilding the healthcare system from the ground up rather than merely digitising an existing inefficient system.

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