The Gateway to Africa's Startup Ecosystem
The Gateway to Africa's Startup Ecosystem

Issue #97: OfferZen raises $4.3m, Roboost secures $3m while Viebeg Medical secures funding to boost health solution 

The African startup ecosystem had a moderate pace of events last week which featured only five funding deals. Of the five deals, the details of two involving Viebeg Medical and Carry1st were kept under wraps. Elsewhere, OfferZen raised $4.3m, Roboost secured $3m while South African Athena received $150,000 to expand health financing solutions in South Africa. 


Viebeg Medical

Funding round: Undisclosed

Investors:  J&J Impact Ventures, Sanofi Global Health Unit Impact Fund

Founded:  2018, Rwanda

Founders:  Tobias Reiter, Alex Musyoka

Products: Viebeg Medical is a leading medical supplies and equipment provider with an innovative data-driven procurement solution called VieProcure. This platform  addresses critical supply chain challenges in the healthcare sector by facilitating the efficient distribution of medical supplies, equipment, and pharmaceuticals.

What Next? : The capital infusion is expected to buoy Viebeg Medical’s efforts in its mission to enhance healthcare accessibility in East Africa.


Funding round: $4.3 Million

InvestorsInvenfin, AI Capital

Founded:  2015, South Africa

FoundersPhilip Joubert

Products: OfferZen operates a job marketplace for developers. As a prominent player in the tech hiring sector, it facilitates connections between actively job-seeking developers and companies in Africa

What Next? : Offerzen is set to release new features on its job marketplace to better connect developers to the companies they specifically desire to work with in addition to improving its newly released subscription model for companies.


Funding round: $3 Million

InvestorsSilicon Badia, RZM Investment, Flat6Labs, Saudi Angel Investors.

Founded:  2020, Egypt

FoundersMohamed Gessraha, Hassan Gessraha

Products: Roboost operates a delivery management Software as a Service (SaaS) solution and AI operations copilot, designed to streamline home delivery operations for major brands

What Next? : Fuelled by the capital infusion, Roboost aims to extend its operations across the entire MENA region’s delivery market. In addition, the startup plans to utilize the investment to broaden its scope, not only in delivery operations but also by expanding its e-commerce and middle-mile offerings through tailored automated solutions.


Funding round: Undisclosed

InvestorsSony Innovation Fund

Founded:  2018, South Africa

FoundersCordel Robbin-Coker, Lucy Hoffman

Products: Carry1st, an Africa-focused game publisher and digital commerce platform. The company operates at the intersection of gaming, web 3 and fintech and uses its platform to promote gaming content

What Next? : This strategic collaboration is expected to elevate Carry1st’s presence in the gaming industry and also contribute to the overall development and expansion of Africa’s entertainment landscape.


Funding round: $150,000

InvestorsFounders Factory Africa

Founded:  2022, South Africa

Founders:  Jabulani Nyembe

Products: Athena provides healthcare financing which enables patients to pay for medical procedures in interest-free installments spread over 3 -6 months. 

What Next? : Fuelled by the funding, the healthcare financier seeks to provide more affordable health options for individuals to access private healthcare in South Africa and beyond


Call For Applications: Accelerate Africa Cohort 2

SAIS Female Founder Award 2024 for Female Business Owners in Africa

Injini/Mastercard Foundation EdTech Fellowship Program 2024

WFP Innovation Stability and Peace Accelerator Program 2024 for startups and Innovators

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