While the USA and Western Europe are the most usual playing ground for VC funds with Russian connections, there are some exceptions. Digital Horizon, an investment company with offices in London, Moscow and Tel Aviv, announced an investment in Healthlane, an African startup providing healthcare services in Nigeria and Cameroon.
Healthlane’s approach combines remote and face-to-face health services, with services for patients as well as doctors, hospitals, pharmacies and other market participants.
“In the future, this all-in-one approach will enable the company to expand the list of services by adding, for example, insurance products,” stated Digital Horizon, comparing Healthlane’s model to that of Ping An Good Doctor.
The audience of this Chinese platform amounts to 315 million people, while its capitalization on the stock exchange nears to $15 billion, according to the VC firm.
Healthlane’s round amounted to $2.4 million in total. Sequoia Capital, Silicon Valley Bank, TSVC, Supernode Ventures, CRE Africa, Capitoria, took part in it alongside Digital Horizon. The deal was completed in May 2020, according to Crunchbase, but announced only in last week.
Healthlane previously received $150,000 from Y Combinator.
