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mHealth startup Telemed secures venture capital from The African Group
Telemed Medical Services is an Ethiopian startup responsible for the country’s popular mobile health and medical consultancy service, Hello Doctor, and has recently announced it’s raised funds from US-based VC group The Africa Group (TAG). The Ethiopian engineering consultancy that, among other things, specialises in mobile health consulting is giving up a 25% stake of Telemed and plans to further address a crucial demand for health-related service delivery.
- Categories
- Health Care, Investing
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The 5th Annual Impact Conference at Sustainatopia: One of the world’s largest impact investing conferences to be held in Miami, April 16-18, 2014
Sustainatopia is one of the world’s largest events for social, financial, and environmental sustainability, drawing over 350 speakers and hundreds of attendees from 40 countries. Its Impact Conference will feature some of the top names in impact investing and social enterprise. As a media partner, NextBillion will provide extensive coverage and interviews with several key speakers.
- Categories
- Environment, Impact Assessment, Investing, Social Enterprise
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d.light Announces $11 Million Series C Financing, Expands Board of Directors
The Series C round included participation from all major investors, including DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures. With the closing of Series C, d.light has raised a total of $40 million in capital.
- Categories
- Energy, Impact Assessment, Investing
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Gates Foundation Hires Second Biotech VC to Connect With Startups
The Bill & Melinda Gates Foundation is trying to get more biotech entrepreneurs to work on global health, and it just hired another venture capitalist to give the initiative a boost.
- Categories
- Health Care, Investing
- Tags
- venture capital
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Healthcare tech is hot for venture capitalists
From wearables like wristbands that keep track of your physical activity to wireless weighing machines that help you track your weight fluctuations, technology is getting into healthcare with an eye firmly on the consumer.
- Categories
- Health Care, Investing
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Exploring the Role of Venture Capital in Latin American Economic Development: Dalberg, IDB study assesses VC’s social impact
In advanced economies, it’s easy to see the positive impact of venture capital: Facebook, iPhones and FedEx packages all came from companies that were once venture-backed. But can venture capital also help fight poverty or spur social and environmental well-being in the developing world? Dalberg explored this question in a study commissioned by IDB on the impact of venture capital in Latin America.
- Categories
- Education, Impact Assessment, Investing
- Tags
- research, venture capital
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Just How Healthy Are Impact Investments in Health?: Building a new set of metrics to evaluate health firms, and how you can shape them
A new partnership aims to help investors by determining which health care companies are having the biggest impact. They’re setting up ways to measure success, and they need your help.
- Categories
- Environment, Health Care, Investing
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BDC Venture Capital allocates $135 million more to healthcare innovation, broadens investment strategy
As part of its mandate to support Canadian entrepreneurs, BDC Venture Capital announced today it has allocated $135 million in new capital to direct venture investments in innovative healthcare companies. That brings its total direct commitment to the sector to $270 million. Recognizing a massive and growing market opportunity, the BDC Venture Capital Healthcare Fund will broaden its investment strategy and invest in technology, products and services that aim to dramatically improve global healthcare productivity, efficiency and patient outcomes.
- Categories
- Health Care, Investing
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