Fundraising FoxAsia Africa Investment & Consulting (AAIC)
Venture capitalSingapore · Seed–Late Stage · 12 people tracked
Find your way into Asia Africa Investment & Consulting (AAIC)
1,764 people in our graph share verified history with the Asia Africa Investment & Consulting (AAIC) team — schools, employers, funds. One of them is your warm intro.
Investment thesis
AAIC Investment focuses on impacting Africa's healthcare sector and building sustainable growth models across the continent. Operating through its Africa Innovation & Healthcare Funds (AHF1 and AHF2, together roughly US$87 million), it backs companies in healthcare technology, medical services, clinical and advanced medical care, fintech and financial services, HR technology, mobility and retail. The firm invests across early, growth and late stages, targeting startups operating in African markets such as Kenya, Nigeria, Egypt, Rwanda, Uganda, Tanzania and South Africa, and also supports Asia-based companies expanding into Africa. Beyond capital, it connects portfolio companies with Japanese corporations and international partners to accelerate their expansion.
Source: firm website, verified Sep 26, 2026.
Team · 12 people
from the firm's website & public directories
What they invest in
from 34 of 48 portfolio companiesHealthtech ×22Digital Health ×15Fintech ×12Medical Devices ×8AI & Machine Learning ×7B2B Marketplaces ×6InsurTech ×4SaaS ×4
HQs:Kenya×6Nigeria×5United States×5Egypt×3South Africa×3Ghana×2
Investments · 48 tracked
founders shown can be your intro pathBy year:2021 · 22020 · 32019 · 16 dated
Africa Healthcare Network operates a dialysis treatment chain across Sub-Saharan Africa, delivering high-quality kidney disease care at accessible prices.
HealthtechImpact & Social GoodMedical Devices
Nikhil Pereira-Kamath(Co-founder)Dr. Lloyd Vincent(Co-founder)
Co-investorsAfricInvestEndeavor CatalystAfrica50Transform Health Fund
Aumet builds an AI-driven procurement and ERP platform for the pharmaceutical supply chain, connecting pharmacies, drug manufacturers, distributors, hospitals, and health ministries with tools for sourcing, pricing, and inventory visibility.
AI & Machine LearningB2B MarketplacesHealthtechSaaSAmman, US
Ashraf SamhouriMohamed BatterjiTariq KhaderinYahya Aqel(Founder & CEO)Shahed Jaber(Founder)inAdel Haddadin
Co-investors500 GlobalShorooq PartnersTechstarsRSCMEmkan CapitalGuinness Ventures+4 more
BIMA (operated by MILVIK) offers affordable health and life insurance and telemedicine to Ghanaian families, with registration and monthly mobile-money payments handled via mobile phone.
Digital HealthFintechInsurTech
Chefaa is a digital pharmacy platform in Egypt that connects users with pharmacies and enables prescription medication ordering, delivery to home, refill reminders, and health management services.
B2B MarketplacesData & InfrastructureE-commerceHealthtechMarketplacesEgypt, EG
Co-investors500 GlobalGlobal BrainLoftyInc CapitalNewtown PartnersVision VenturesVKAV (Verod-Kepple Africa Ventures)+2 more
Chipper Cash provides a mobile platform that enables Africans to send money internationally to bank and mobile money accounts across 21+ African countries, plus payment cards and fractional stock investing.
Fintech
Ham Serunjogi(Founder & CEO)inMaijid Moujaledin
Co-investors137 Ventures500 GlobalBetter Tomorrow VenturesDebut CapitalDeciensEthos VC+15 more
Cloudline develops autonomous airships powered by solar and battery technology for carbon-free aerial operations.
Climate TechDeep TechRobotics
Co-investors4Di CapitalEnza CapitalPerivoli InnovationsThe Raba PartnershipTimon CapitalVKAV (Verod-Kepple Africa Ventures)+1 more
_able is a financial infrastructure platform that enables capital providers and distribution platforms to responsibly extend credit and financial services to underserved populations.
Cloud ComputingData & InfrastructureFintech
Co-investorsAcasia VenturesAdaverseVentures PlatformLaunch Africa VenturesMAGIC Fund
CrowdForce operates a mobile app enabling small merchants across Africa to function as banking service points without establishing formal branch infrastructure.
FintechGovTechAbuja, NG
Oluwatomi Ayorinde(Founder)inDamilola Ayorinde(Founder)in
Co-investors500 GlobalHAVAICMAGIC FundVentures PlatformY CombinatorAruwa Capital
DeepEcho develops AI-powered intelligent ultrasound technology to detect birth defects, preterm birth, and low birth weight in newborns.
AI & Machine LearningDigital HealthFemTechHealthtechMedical Devices
Youssef Bouyakhf(Founder)in
Co-investorsUM6P VenturesAlgebra Ventures
A dental supplies and equipment e-commerce platform offering consumables, instruments, and equipment for various dental specialties including restorative, endodontics, orthodontics, implant, prosthetics, and periodontal procedures, as well as dermatology and medical products.
B2B MarketplacesE-commerceHealthtechMarketplacesMedical Devices
Ahmed YahiaSaad Salehin
Co-investors500 GlobalAUC Angels
End-to-end procurement platform giving hospitals and pharmacies access to genuine pharmaceutical products.
Adham Yehia(Founder)in
Co-investorsCo-Creation Hub (CcHUB)VestedWorld
Chicago fintech offering an all-in-one financial operating system for nonprofits, covering accounts, expenses, bill pay and planning.
FintechChicago, US
Co-investorsTechstarsFocal Ventures
Gozem is a "super app" offering mobility (ride-hailing), delivery, digital purchases, financial services, and loyalty programs through a single mobile application.
FintechLogistics & Supply ChainMobility & Transportation
Gregory Costamagna(Founder)in
Co-investorsAurum Venture PartnersCentury Oak VenturesTembusu PartnersVU Venture PartnersAl Mada Ventures
Helium Health provides healthcare technology for clinicians, governments, and public health stakeholders across Africa, including an electronic medical records/operating system (HeliumOS) and a provider-patient platform (HeliumDoc).
Digital HealthFintechHealthtechLA, NG
Adegoke Olubusi(Founder/CEO)inDimeji Sofowora(Founder/COO)in
Co-investorsAngaza CapitalCapria VenturesDG Daiwa VenturesDraper AssociatesVentureSouqY Combinator+3 more
Hyrax Biosciences develops Exatype, a DNA sequence analysis software platform that performs genotyping, quality control, reference mapping, and mutation calling for pathogens including HIV, TB, SARS-CoV-2, and cancer.
AI & Machine LearningBiotechHealthtech
Ilara Health provides healthcare solutions for providers across Africa, bringing accessible medical services to the continent.
Digital HealthHealthtechMedical DevicesKenya, KE
Co-investorsAngaza CapitalCapria VenturesPerivoli InnovationsTLcom CapitalVillgro AfricaChandaria Capital+3 more
Jacaranda Maternity is a chain of maternity hospitals in Nairobi offering maternal, child, and family healthcare, including antenatal and postnatal care, deliveries, gynaecology, pediatrics, and emergency ambulance services.
Digital HealthFemTechHealthtechNairobi, KE
Jibu is a for-profit social enterprise that finances, equips, and trains entrepreneurs in emerging markets to run franchises producing safe drinking water through multi-step filtration, along with other essential products such as LPG and fortified porridge.
CleantechFoodTechImpact & Social GoodMarketplacesColorado Springs, US
Randall Scot Welsch(Executive Officer)Galen Michael Welsch(Executive Officer)
Co-investorsFINCA Ventures
Jumuia Hospitals is a Kenyan healthcare provider offering 24-hour hospital services including general medicine, maternity, surgery, dental, optical, imaging, orthopedics, laboratory, and pharmacy care.
Digital HealthHealthtech
Kobo360 operates a platform connecting manufacturers and cargo owners with truck operators for freight movement across Africa, using data analytics and AI to optimize routing, reduce delivery inefficiencies, and provide supply chain visibility.
Enterprise SoftwareLogistics & Supply ChainLagos, NG
Ife Oyedele II(Founder)inObi Ozor(Founder)inOzor Obiora Mathias(Executive Officer, Director)
BoardOlawale Ayeni(Director)Omobola Johnson(Director)inNdubuisi Ekekwe(Director)
Co-investorsFuture AfricaThe Raba PartnershipTLcom CapitalV8 Capital PartnersY CombinatorGoldman Sachs+1 more
Lami provides a digital platform that enables insurance agents in sub-Saharan Africa to access quotes, connect with customers, and manage sales.
FintechImpact & Social GoodInsurTechSaaS
Jihan(Founder & CEO)Roy(Co-Founder & CFO)
Co-investorsA15AccionChui VenturesConsonance Investment ManagersFuture AfricaP1 Ventures+6 more
Pan-African eyewear brand expanding access to affordable eye care across 10 countries with 134+ stores.
Co-investorsBeyond Capital VenturesEQ2 VenturesSaviu VenturesAfricInvestFINCA VenturesProparco
Healthcare technology and logistics company delivering blood, oxygen, and medical supplies to hospitals.
Temie Giwa(Founder)in
Co-investorsCo-Creation Hub (CcHUB)Octerra CapitalRising Tide Africa (RTA)
LifeQ develops a health technology platform focused on longevity, biological age optimization, and performance metrics for individual health monitoring and management.
Digital HealthHardwareHealthtechLongevityWellness & Fitness
Franco du Preez(Founder)in
Co-investors4Di CapitalConvergence PartnersHalls InvestmentsInvenfin
MuduPay offers financial tools including a mobile wallet for peer-to-peer transfers via mobile numbers with cash withdrawals at agent shops, a money transfer service for remittances to Africa, and a business management product covering inventory, payments, and workforce.
Fintech
Co-investorsFuture AfricaThe Baobab Network
My 1Health is a medical travel platform that connects patients with accredited hospitals and specialists abroad, managing the full treatment journey from initial inquiry and hospital selection to travel coordination and follow-up care.
B2B MarketplacesDigital HealthHealthtechTravel & HospitalityDubai, AE
Co-investorsFounders Factory Africa
MYDAWA is an online pharmacy and health e-commerce platform selling medicines, supplements, personal care, beauty, and baby products to consumers, with prescription upload and home delivery.
Digital HealthE-commerceHealthtech
Co-investorsAlta Semper CapitalLoftyInc Capital
Reliance Health provides healthcare services combining medical expertise with technology for individuals and corporate customers in growing economies.
Digital HealthHealthtechInsurTechLagos, NG
Femi Kuti(Founder/CEO)inMatthew Mayaki(Founder/Senior Vice President Product)inOpeyemi Olumekun(Director)in
BoardTidjane Deme(Director)Christian Braunfisch(Director)
Co-investorsLaerdal Million Lives FundLoftyInc CapitalP1 VenturesPICUS CAPITALVentures PlatformWormhole Capital+3 more
Revital Healthcare is a medical device manufacturer producing disposable medical products, including auto-disable and reuse-preventing syringes, bCPAP systems for newborns, and rapid diagnostic tests, with a portfolio of 48 devices.
Advanced ManufacturingHealthtechMedical Devices
Co-investorsBill & Melinda Gates Foundation
Co-investorsAUC AngelsCubit VenturesDubai Angel InvestorsEgypt Ventures
Sana Health develops an audiovisual device intended to help users improve physical recovery and mental well-being, targeting relief and more restful states of mind.
Digital HealthHealthtechMedical DevicesMental HealthLafayette, US
Richard Hanbury(Founder)in
Co-investorsCheckmate Capital Group LLCClick VenturesEsplanade VenturesFlucas VenturesHarmonix FundHealthtech Capital+6 more
Healthtech
Ahmed Abu ElhazMahmoud Sabae
Co-investors500 GlobalA15Vision Ventures
Ubie provides a free AI-powered symptom checker that generates a personalized report on possible causes of a user's symptoms and guidance on when to see a doctor, based on a short questionnaire developed with doctors.
AI & Machine LearningDigital HealthHealthtech
Co-investorsEgg ForwardJapan FinanceNorinchukin CapitalRakuten Capital
Wellahealth provides healthcare services and solutions aimed at improving access to quality healthcare across Africa.
AI & Machine LearningB2B MarketplacesDigital HealthFintechHealthtechInsurTechGarki, NG
Co-investorsFounders Factory AfricaTechstarsVestedWorld
Yemaachi creates a diverse cancer bio-database to develop oncology drugs effective across diverse patient populations.
AI & Machine LearningBiotechHealthtechMedical DevicesAccra, GH
Yaw Bediako(Founder)inYaw Attua-Afari(Founder)inDavid Hutchful(Founder)inJoyce Ngoi(Founder)in
Co-investorsLoftyInc CapitalY CombinatorFirst CircleV8 Capital PartnersVestedWorld
Yodawy is a healthcare platform that manages medication access, letting patients upload prescriptions or order OTC products for delivery from nearby pharmacies while also acting as a Pharmacy Benefits Manager for health insurers, TPAs, and corporates.
Digital HealthFintechHealthtech
Yasser AbdelGawad(Founder)in
Co-investorsAMK Investment OfficeCapria VenturesP1 VenturesAlgebra VenturesDelivery Hero Ventures
Zanifu provides inventory-based financing for small and mid-sized businesses and retailers in Kenya, enabling them to access working capital by leveraging their stock.
B2B MarketplacesEnterprise SoftwareFintechRetail TechSaaSNairobi, KE
Co-investorsBeyond Capital VenturesFounders Factory AfricaSaviu VenturesLaunch Africa VenturesYango Ventures
Allm uses information and communication technology to address healthcare disparities and mismatches, aiming to provide equitable medical and welfare services to all people.
AI & Machine LearningDigital HealthHealthtechMedical DevicesSaaS
Co-investorsEisai Innovation, Inc.Fast Track Initiative
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AHNBluebird HoldingsNSVRecoMedReliance HMOSagitarixSendyVitalRayWaspito Inc.フォースバレー・コンシェルジュ
Portfolio news
latest coverage across their companiesAumet · pymnts.com · May 18, 2026
Revital Healthcare · revitalhcare.com · May 1, 2025
Frequently asked questions
- How many investments has Asia Africa Investment & Consulting (AAIC) made?
- Asia Africa Investment & Consulting (AAIC) has 48 tracked investments, 1 of which have exited.
- What stage does Asia Africa Investment & Consulting (AAIC) invest at?
- Asia Africa Investment & Consulting (AAIC) invests at the Seed, Series A, Series B, Growth, Late Stage stages.
- What sectors does Asia Africa Investment & Consulting (AAIC) focus on?
- Asia Africa Investment & Consulting (AAIC) focuses on AI & Machine Learning, Deep Tech, Digital Health, Healthtech, InsurTech.
- Where is Asia Africa Investment & Consulting (AAIC) located?
- Asia Africa Investment & Consulting (AAIC) is headquartered in Singapore, SG.
- Who does Asia Africa Investment & Consulting (AAIC) co-invest with?
- Asia Africa Investment & Consulting (AAIC) most often shares deals with Beyond Capital Ventures, Global Brain, LoftyInc Capital, among 18 tracked co-investors.
Images
Co-investors · 2
23andMe is a personal genetics company that analyzes customers' saliva samples in CLIA-certified labs to deliver ancestry, trait, and health insights through direct-to-consumer DNA testing kits and subscription services.
SparkLabs Global Ventures is a seed-stage fund investing in early-stage companies globally, backing exceptional entrepreneurs building category-defining companies.
Firms observed investing alongside Asia Africa Investment & Consulting (AAIC), from public investor directories. Shared companies are the overlap with Asia Africa Investment & Consulting (AAIC)'s recorded portfolio.
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