Tech Company Financing Transactions
Remedial Health Funding Round
On 8/1/2023, Remedial Health raised $12 million in funding from QED Investors, Ventures Platform and Gaingels.
Transaction Overview
Company Name
Announced On
8/1/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to drive business growth across the country's pharmaceutical sector.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Henry Carr St. Ikeja Industrial Estate
Lagos, Undisclosed
Nigeria
Lagos, Undisclosed
Nigeria
Phone
Undisclosed
Website
Email Address
Overview
The WHO estimates 100,000 deaths a year in Africa are linked to the counterfeit drug trade and over 30% of medicines sold in Africa are counterfeit. Remedial Health is fixing this, starting with Nigeria.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Samuel Okwuada
Chief Operating Officer
Victor Benjamin
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