{"id":609203,"date":"2023-11-01T00:00:00","date_gmt":"2023-11-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/01\/health-startup-almouneer-lands-usd-3-6-mn-in-seed-round\/"},"modified":"2023-11-01T00:00:00","modified_gmt":"2023-11-01T00:00:00","slug":"health-startup-almouneer-lands-usd-3-6-mn-in-seed-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/01\/health-startup-almouneer-lands-usd-3-6-mn-in-seed-round\/","title":{"rendered":"Health startup Almouneer lands USD 3.6 mn in seed round"},"content":{"rendered":"

A<\/strong>lmouneer <\/strong>raised USD 3.6 mn from investors in seed round: <\/strong>Local healthtech startup Almouneer<\/a> has raised USD 3.6 mn in a seed round led by Global Ventures<\/a>, Proparco<\/a>, Digital Africa<\/a> via their Bridge Fund, Wrightwood Investments<\/a>, and several other unnamed international funds, according to a press release picked up by Wamda<\/a>.<\/p>\n

Almouneer<\/strong>?<\/strong> The women-owned startup supports sufferers of chronic diseases such as diabetes via its digital platform DRU. Almouneer currently maintains a customer base of over 120k users, the release said, adding that it has doubled its business volumes in 2023.<\/p>\n

Helping patients monitor and manage their diabetes: <\/strong>The funds will be directed to the development and expansion of Almouneer\u2019s DRU platform, which connects to glucometers to allow patients to monitor their diabetes, pre-diabetes, or obesity and manage their lifestyle accordingly. The platform, which will be developed to connect to wearable devices such as smart watches, provides patient and doctor-facing apps, with the DRU app for doctors set to be launched in 1Q 2024, the release said. <\/p>\n

Regional, intl expansion in 2024: <\/strong>Almouneer wants to expand regionally and internationally, the statement added, with plans to for market entries to Saudi Arabia, UAE and African countries including Nigeria and Kenya in 2024.<\/p>\n

It\u2019s a regional issue: <\/strong>Over 40% of the Middle East and Africa suffers from pre-diabetes or obesity, the statement said. Looking closer to home, Egypt has some 15 mn diabetics, accounting for 20% of the population.<\/p>\n","protected":false},"excerpt":{"rendered":"

The funds will be directed to the development of Almouneer\u2019s digital platform DRU and the company\u2019s expansion into the Gulf and African countries.<\/p>\n","protected":false},"author":1,"featured_media":609204,"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":[11724,72,7115,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-609203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-almouneer","tag-enterpriseam","tag-healthcare","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"845e706f-c29d-460c-abfd-d68689e5d694","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1535.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Local healthtech startup Almouneer bags USD 3.6 mn in seed round","related_issue":[609186],"teaser":"The funds will be directed to the development of Almouneer\u2019s digital platform DRU and the company\u2019s expansion into the Gulf and African countries.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.d760815a-4dcb-4120-ba90-f3726e9ed151.mp3"},"yoast_head":"\nHealth startup Almouneer lands USD 3.6 mn in seed round - 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EFG EV Fintech, EFG Hermes, Tanmiya Capital Ventures and a number of angel investors all participated in the round, which closed after the\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\/3\/171.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555109,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/","url_meta":{"origin":609203,"position":3},"title":"Delivery startup ShipBlu secures USD 2.4 mn seed round","author":"enterpriseam admin","date":"2 November 2021","format":false,"excerpt":"Last mile delivery startup ShipBlu raised USD 2.4 mn in a seed round led by Saudi Arabia\u2019s Nama Ventures, according to TechCrunch. Though the company did not specify how the funds would be deployed, co-founder Ali Nasser told the tech outlet that he wants ShipBlu\u2019s network and infrastructure to span\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\/11\/288.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578148,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/hospitality-logistics-startup-suplyd-bags-usd-1-6-mn-pre-seed-for-expansion\/","url_meta":{"origin":609203,"position":4},"title":"Hospitality logistics startup Suplyd bags USD 1.6 mn pre-seed for expansion","author":"enterpriseam admin","date":"18 December 2022","format":false,"excerpt":"Local hospitality supply-chain startup Suplyd has raised USD 1.6 mn in pre-seed funding, it said in a statement (pdf) Thursday. Participants in the round included Endure Capital, Seedstars, Camel Ventures, the International Cooperation Ministry\u2019s Falak Startups, Outlierz, Plus Ventures, Fort, Alex Angels, and other unnamed angel investors. Suplyd will use\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\/12\/357.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581334,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/08\/homegrown-adtech-startup-gameball-bags-usd-3-5-mn-seed-round\/","url_meta":{"origin":609203,"position":5},"title":"Homegrown adtech startup Gameball bags USD 3.5 mn seed round","author":"enterpriseam admin","date":"8 February 2023","format":false,"excerpt":"Gameball plans to launch on-the-ground operations in the KSA, Germany, and the UK","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\/2023\/2\/GameballFoundersx1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/609203","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=609203"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/609203\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/609186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/609204"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=609203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=609203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=609203"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=609203"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=609203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}