Browsing: ShakaVC

Kenya homegrown investors joins Chinese VCs to grow health sector
Ilara Health, a Kenyan based health tech company bringing affordable diagnostics to doctors in Africa, has raised $700,000 in seed funding. Villgro Kenya,  local incubation hub has joined a suite of seasoned investors including ShakaVC, a Nairobi-based firm backed by Chinese investors, Chandaria Capital and the venture capital arm Chandaria Industries.
Angel investors in this round include Esther Dyson (23andMe, Yandex, Meetup), Nijhad Jamal (Moja Capital, ex BlackRock, Acumen), Aadil Mamujee (Musha Ventures), Selma Ribica (AfricInvest, Lebara Money, M-Pesa), and Shakir Merali (LGT Impact, ex Abraaj). Several of the new investors will become strategic advisors to the business.
The investment will be used primarily to grow Ilara Health’s peri-urban medical clinic customers in Kenya (and ultimately beyond. It will also allow the company to build a flexible technology platform to manage and protect valuable patient health and clinic financial data.
Ilara Health provides a route to market for new tech-powered