{"id":612119,"date":"2023-12-18T00:00:00","date_gmt":"2023-12-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/pharma-delivery-platform-chefaa-raises-usd-5-3-mn\/"},"modified":"2023-12-18T00:00:00","modified_gmt":"2023-12-18T00:00:00","slug":"pharma-delivery-platform-chefaa-raises-usd-5-3-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/pharma-delivery-platform-chefaa-raises-usd-5-3-mn\/","title":{"rendered":"Pharma delivery platform Chefaa raises USD 5.3 mn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Chefaa raises USD 5.3 mn from global investors:<\/strong> Egypt-based pharma delivery platform <a target=\"_blank\" href=\"https:\/\/chefaa.com\/eg-ar\/now\" style=\"\" rel=\"noopener\">Chefaa<\/a> raised USD 5.25 mn from a number of international investors, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/1134.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> yesterday. The funding round was co-led by South African VC <a target=\"_blank\" href=\"https:\/\/www.newtownpartners.com\/\" style=\"\" rel=\"noopener\">Newtown Partners<\/a>, Japan-based <a target=\"_blank\" href=\"https:\/\/globalbrains.com\/en\/\" style=\"\" rel=\"noopener\">Global Brain<\/a> and <a target=\"_blank\" href=\"https:\/\/corporate.m3.com\/en\/corporate#about\" style=\"\" rel=\"noopener\">M3<\/a>, US investor <a target=\"_blank\" href=\"http:\/\/www.gmscap.com\/\" style=\"\" rel=\"noopener\">GMS Capital Partners<\/a>, and <a target=\"_blank\" href=\"https:\/\/vkav.vc\/\" style=\"\" rel=\"noopener\">Nigeria\u2019s Verod-Kepple Africa Ventures<\/a>, <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money going? <\/strong>The company will use the funds to \u201cscale all models designed to digitize the supply chain and empower industry stakeholders.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Chefaa:<\/strong> Founded in 2017, the woman-led startup wants to be a \u201cone-stop-health solution for an end-to-end healthcare experience.\u201d The platform facilitates the process of ordering, scheduling, and refilling recurring prescriptions. It currently operates across Egypt and eight Saudi cities, connecting over 1 mn users to 1.1k pharmacies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Investors Newtown Partners, Global Brain, and GMS Capital are no strangers to Chefaa, leading a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/25ba6890-ed88-4dbe-a335-25d0db5bdd15\" style=\"\" rel=\"noopener\">funding round<\/a> last year. The company closed a seven-figure USD <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/675d2226-af5f-4e3b-937a-8db93bec698f\" style=\"\" rel=\"noopener\">pre-series A round<\/a> in 2020, after raising a six-figure USD sum from Flat6Labs and 500 Startups in a <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2019\/08\/14\/egypt-based-pharma-locator-chefaa-secures-six-figure-seed-round\/\" style=\"\" rel=\"noopener\">2019 seed round<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company wants to scale up digitizing pharma supply chain<\/p>\n","protected":false},"author":1,"featured_media":612120,"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":[1306,427,95],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-chefaa","tag-pharma","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"9a0c2146-c01a-4a8c-bd1a-adbc2c413c70","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1137.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt-based pharma delivery Chefaa secures USD 5.3 mn in a funding round","related_issue":[612110],"teaser":"The company wants to scale up digitizing pharma supply chain","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.702e47fe-cc46-40a7-ab92-059e6c093a08.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Ten tech startups from six Arab countries spanning the e-commerce, fintech, health, education and travel sectors have been accepted onto the program, Google said yesterday (pdf), with Chefaa being the only Egyptian\u2026","rel":"","context":"In &quot;Startup watch&quot;","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":572194,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egypt-based-pharma-locator-chefaa-raises-seven-figure-series-a-funding\/","url_meta":{"origin":612119,"position":2},"title":"Egypt based pharma locator Chefaa raises seven figure series A funding","author":"enterpriseam admin","date":"15 June 2020","format":false,"excerpt":"STARTUP WATCH- Egypt-based Chefaa raises seven figure series A funding: AI driven pharmacy locator and on-demand medical delivery platform Chefaa has raised seven figures in pre-series A funding from 500 Startups, Vision Ventures, and Womena, according to Menabytes. The investment will be used to grow the company\u2019s recently launched private\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":664572,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/04\/chefaa-joins-i3s-third-cohort-of-pharmacy-focused-startups\/","url_meta":{"origin":612119,"position":3},"title":"Chefaa joins i3\u2019s third cohort of pharmacy-focused startups","author":"enterpriseam admin","date":"4 May 2025","format":false,"excerpt":"The pan-African i3 initiative is providing USD 225k in funding to seven selected growth-stage startups","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/83.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595920,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/egypt-based-pharma-locator-chefaa-secures-six-figure-seed-round\/","url_meta":{"origin":612119,"position":4},"title":"Egypt-based pharma locator Chefaa secures six-figure seed round","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"STARTUP WATCH- Pharmacy locator Chefaa secures six-figure seed round: Chefaa, an AI-powered platform for buying pharma products, has secured a six-figure seed funding round from Flat6Labs and 500 Startups, according to Disrupt Africa. The exact amount of funding was not disclosed. Chefaa plans to use the funding to help finance\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":593106,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/egyptian-pharmacy-locator-chefaa-eyes-series-a-funding-to-finance-regional-expansion\/","url_meta":{"origin":612119,"position":5},"title":"Egyptian pharmacy locator Chefaa eyes series A funding to finance regional expansion","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"STARTUP WATCH- Egyptian pharmacy locator Chefaa eyes series A funding round to finance regional expansion: Chefaa, an AI-powered platform for buying pharma products, is planning a series A funding round in January 2020 to help the company begin its expansion beyond Egypt\u2019s borders, the National reports. Chefaa is planning to\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/612119","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=612119"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612119\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612120"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612119"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612119"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}