{"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":"<p><strong>US-based therapy provider <\/strong><strong><a href=\"https:\/\/www.astutemedical.com\/us\/\">Astute Imaging<\/a><\/strong><strong> has acquired Egypt-based healthtech <\/strong><strong>startup <\/strong><strong><a href=\"https:\/\/www.dilenytech.com\/\">DilenyTech<\/a><\/strong>, which provides radiology screening and diagnostic solutions powered by AI, it announced in <a href=\"https:\/\/www.prweb.com\/releases\/2022\/3\/prweb18556301.htm\">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<p><strong>About the company:<\/strong> Founded in 2018, DilenyTech provides tools for medical imaging analysis, breast health and structured medical reporting. Last month, the company <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2a40009b-9f89-4266-a174-f0ed41836edd\">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<p><strong>ALSO FROM PLANET STARTUP-<\/strong><\/p>\n<p><strong>Fitness app <\/strong><strong><a href=\"http:\/\/welnes.app\/\">Welnes<\/a><\/strong><strong> has raised USD 300k in a seed round led by Flat6labs<\/strong>, with participation from <a href=\"https:\/\/samurai-incubate-africa.asia\/\">Samurai Incubate<\/a>, <a href=\"https:\/\/ui-investments.net\/\">UI Investments<\/a> and a group of angel investors, the company said in a <a href=\"https:\/\/ent.news\/2022\/3\/Welnes-app-Seed-round-Enterprise.pdf\">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<p><strong>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<p><strong>MEANWHILE- The International Finance Corporation (IFC) has committed USD 5 mn to <\/strong><strong><a href=\"https:\/\/www.disruptechventures.com\/\">Disruptech Ventures<\/a><\/strong><strong>\u2019 new fund <\/strong>to support the Egyptian fintech sector and make financial services more accessible, it said in <a href=\"https:\/\/pressroom.ifc.org\/all\/pages\/PressDetail.aspx?ID=26873\">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 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b07d9131-549a-4e31-aba4-b39a6704f6ac\">MNT-Halan<\/a>, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7265fa0d-479b-4d52-9586-7468209b34d0\">Khazna<\/a>, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d02d7746-da0f-42b8-8f6b-3b3ac9f35b7d\">Fatura<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1e358494-86db-4e0f-8011-db7094159878\">Cassbana<\/a>, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/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":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dilenytech 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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