Med-Tech Innovation April 4, 2024
Funding for women-led healthtech ventures grew more than 2,000% in Africa, going from a marginal share of 1% in 2022 to 31% of the total funding in 2023, finds a new report by Salient Advisory; a healthcare consulting firm enabling impactful approaches to the African health sector.
While the number of deals remained steady, funding in women-led healthtech saw a significant shift. These companies secured $52m in 2023, eclipsing the $2m they received in 2022, the report highlights as part of its key findings.
Salient Advisory’s latest Intelligence Report, “2023 RoundUp: Investments in African HealthTech” delves into funding activities, covering grants, equity, and debt investments for African healthtech startups in 2023. Funded by the Bill & Melinda Gates Foundation, the...
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