Egyptian Pharma Startup i’SUPPLY Raises Pre-Series A Funding
Tech In Africa | Grace Ashiru - Jun 22, 2024
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- i’SUPPLY has raised a pre-Series A funding round, bringing its total funding to US$2.5 million.
- Notable investment funds such as Disruptech Ventures, OneStop Capital, Axian Investment CVC, and Egypt Ventures participated in the funding round.
- i’SUPPLY aims to obtain a license from the Egyptian Financial Regulatory Authority to address the financing needs of small and medium-sized pharmacies.
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The funding round and participation of notable investment funds indicate confidence in i’SUPPLY's business model and potential for growth. Obtaining a license from the Egyptian Financial Regulatory Authority would further enhance their ability to address the financing needs of small and medium-sized pharmacies. Overall, this funding round represents a significant advancement for i’SUPPLY and positions them well for future expansion.
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