{"id":544722,"date":"2022-03-17T04:00:22","date_gmt":"2022-03-17T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/dilenytech-acquired-by-us-therapy-provider-welnes-lands-usd-300k-seed-round-ifc-commits-usd-5-mn-to-disruptech-fund\/"},"modified":"2022-03-17T04:00:22","modified_gmt":"2022-03-17T04:00:22","slug":"dilenytech-acquired-by-us-therapy-provider-welnes-lands-usd-300k-seed-round-ifc-commits-usd-5-mn-to-disruptech-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/dilenytech-acquired-by-us-therapy-provider-welnes-lands-usd-300k-seed-round-ifc-commits-usd-5-mn-to-disruptech-fund\/","title":{"rendered":"Dilenytech acquired by US therapy provider, Welnes lands USD 300k seed round + IFC commits USD 5 mn to Disruptech fund"},"content":{"rendered":"

US-based therapy provider <\/strong>Astute Imaging<\/a><\/strong> has acquired Egypt-based healthtech <\/strong>startup <\/strong>DilenyTech<\/a><\/strong>, which provides radiology screening and diagnostic solutions powered by AI, it announced in a statement<\/a> yesterday. The acquisition will allow Astute to improve and expand its services through AI-powered deep technology \u2014 and develop innovative medical-imaging solutions, the statement said.<\/p>\n

About the company:<\/strong> Founded in 2018, DilenyTech provides tools for medical imaging analysis, breast health and structured medical reporting. Last month, the company secured<\/a> a USD 160k grant from the ITIDA-affiliated IT Academia Collaboration program to develop its AI-enabled breast cancer detection platform.<\/p>\n

ALSO FROM PLANET STARTUP-<\/strong><\/p>\n

Fitness app <\/strong>Welnes<\/a><\/strong> has raised USD 300k in a seed round led by Flat6labs<\/strong>, with participation from Samurai Incubate<\/a>, UI Investments<\/a> and a group of angel investors, the company said in a statement (pdf)<\/a>. Welnes will use the funds to grow its headcount and to prepare the company for expanding into the GCC by 2023.<\/p>\n

About Welnes:<\/strong> Launched in 2020, the fitness community app helps users reach weight-loss and lifestyle goals with the assistance of nutritionists and trainers. Welnes has helped over 15k users so far, the company said.<\/p>\n

MEANWHILE- The International Finance Corporation (IFC) has committed USD 5 mn to <\/strong>Disruptech Ventures<\/a><\/strong>\u2019 new fund <\/strong>to support the Egyptian fintech sector and make financial services more accessible, it said in a statement<\/a> yesterday. The VC has raised USD 25 mn from several investors, and since launching in 2020 has committed 30% of its capital to fintech startups which include MNT-Halan<\/a>, Khazna<\/a>, Fatura<\/a> and Cassbana<\/a>, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"

US-based therapy provider Astute Imaging has acquired Egypt-based healthtech startup DilenyTech, which provides radiology screening and diagnostic solutions powered by AI, it announced in a statement yesterday. The acquisition will allow Astute to improve and expand its services through AI-powered deep technology \u2014 and develop innovative medical-imaging solutions, the statement said. About the company: Founded […]<\/p>\n","protected":false},"author":1,"featured_media":544723,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[1392,1393,1345,72,183,697,7115,759,7128,95,123,200,1394],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-astute-imaging","tag-dilenytech","tag-disruptech","tag-enterpriseam","tag-fintech","tag-flat6labs","tag-healthcare","tag-international-finance-corporation","tag-ma-watch","tag-startup-watch","tag-startups","tag-venture-capital","tag-welnes","wpautop","entry"],"acf":{"mongo_id":"98f42f43-89ba-43ca-9922-69b36041ee5c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/226.jpg","photo_position":"above","related_issue":[544708],"teaser":"","voice_url":""},"yoast_head":"\nDilenytech acquired by US therapy provider, Welnes lands USD 300k seed round + IFC commits USD 5 mn to Disruptech fund - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/dilenytech-acquired-by-us-therapy-provider-welnes-lands-usd-300k-seed-round-ifc-commits-usd-5-mn-to-disruptech-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dilenytech acquired by US therapy provider, Welnes lands USD 300k seed round + IFC commits USD 5 mn to Disruptech fund\" \/>\n<meta property=\"og:description\" content=\"US-based therapy provider Astute Imaging has acquired Egypt-based healthtech startup DilenyTech, which provides radiology screening and diagnostic solutions powered by AI, it announced in a statement yesterday. 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The company, founded in 2018, will use the funding to develop its AI-enabled breast cancer detection platform. DilenyTech provides tools for medical imaging analysis, breast health and structured medical\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/188.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558980,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/micro-lending-app-cassbana-raises-usd-1-mn-from-distruptech\/","url_meta":{"origin":544722,"position":1},"title":"Micro-lending app Cassbana raises USD 1 mn+ from Distruptech","author":"enterpriseam admin","date":"4 January 2021","format":false,"excerpt":"Microfinance startup Cassbana has raised USD 1 mn+ in a funding round led by Disruptech, former Fawry CEO Mohamed Okasha\u2019s USD 25 mn fintech fund, the startup said in a statement carried by Al Mal. The company says it uses AI to run a behavior-based credit scoring system, which determines\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575290,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/disruptech-to-acquire-minority-stake-in-unnamed-fintech-startup-for-usd-500k\/","url_meta":{"origin":544722,"position":2},"title":"Disruptech to acquire minority stake in unnamed fintech startup for USD 500k","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"STARTUP WATCH- Disruptech to acquire minority stake in unnamed fintech startup: Former Fawry CEO Mohamed Okasha\u2019s USD 25 mn fintech fund, Disruptech, will soon add a fourth startup to its portfolio year after closing a USD 500k investment in an unnamed fintech company by the end of October, Okasha told\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544606,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/disruptechs-final-usd-25-mn-close-due-next-week-bosta-enters-ksa\/","url_meta":{"origin":544722,"position":3},"title":"Disruptech\u2019s final USD 25 mn close due next week + Bosta enters KSA","author":"enterpriseam admin","date":"13 March 2022","format":false,"excerpt":"Fintech fund DisrupTech Ventures is expecting to reach the USD 25 mn final close of its fund next week, Managing Partner Mohamed Okasha told Enterprise, confirming a report from Al Mal. The fund has already locked in substantial unrealized gains on initial investments it has already made, he said.DisrupTech is\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/146.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575424,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/e-commerce-startup-fatura-expanding-to-10-governorates-across-egypt\/","url_meta":{"origin":544722,"position":4},"title":"E-commerce startup Fatura expanding to 10 governorates across Egypt","author":"enterpriseam admin","date":"14 October 2020","format":false,"excerpt":"STARTUP WATCH- B2B e-commerce platform Fatura is expanding to 10 governorates across Egypt to cover all regions including Greater Cairo, Alexandria, Delta, Upper Egypt, and the Canal, the company said in a press release (pdf). Fatura aims to become the leading provider of B2B payment solutions, connecting all stakeholders in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572854,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/fatura-raises-usd-1-mn-in-funding-round-led-by-disruptech\/","url_meta":{"origin":544722,"position":5},"title":"Fatura raises USD 1 mn in funding round led by Disruptech","author":"enterpriseam admin","date":"12 July 2020","format":false,"excerpt":"STARTUP WATCH- Egyptian e-payments platform Fatura has raised north of USD 1 mn in its first funding round led by Disruptech and with participation from EFG Hermes and Cairo Angels, the local press reports. Fatura CEO Hossam Ali said the company is well positioned to provide transparent pricing and delivery\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544722"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544722\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544723"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544722"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544722"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}