Tanzanian healthtech Medikea raises $1.2M in pre-seed funding from Baobab Network, Catalyst Fund, and develoPPP Ventures.
Amount Raised
$1.2 Million
Round Type
Pre-Seed
TanzaniaHealth CareMedicalInvestors
Description
Medikea, a Tanzanian healthtech startup, has closed a $1.2 million pre-seed round led by Baobab Network, Catalyst Fund, and develoPPP Ventures, with support from Madica, Impacc, Hustle Fund, and others. The company operates a hybrid model combining a patient-focused app with its own network of clinics, pharmacies, and diagnostic labs. The fresh capital will fund growth, product development, and new specialist services as Medikea aims to serve over 100,000 patients in the next 12 months. Medikea plans to expand from four clinics to ten across Tanzania by the end of 2027.
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