GJO & Partners

Healthcare in Kenya: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Healthcare, Kenya.

10

deals recorded

2

over 12 months

7.1 M$

median disclosed ticket

13

identified investors

Key findings

  • 10 funding deals recorded (Healthcare, Kenya) since 2020, involving 9 companies and 13 identified investors. 2 of them over the last 12 months (1 the previous year).
  • Median disclosed ticket: 7.1 M$; half of the deals fall between 3.3 M$ and 12.2 M$ (6 amounts disclosed out of 10, 52.2 M$ in total).
  • Where the money goes: Clinics and hospitals (40 %), Medical devices and equipment (30 %), Labs and imaging (10 %).
  • Most frequent stage: Growth (40 %); most used instrument: Equity (50 %).
  • Most active investors: Proparco (3), AfricInvest (2), Ascent Capital Africa (2).
  • 40 % of deals are syndicated (at least two investors around the table).

Industries

  • Clinics and hospitals4
  • Medical devices and equipment3
  • Labs and imaging1
  • Pharmacy and drug distribution1
  • Specialised care1

Stages

  • Growth4
  • Seed2
  • Debt1
  • Series A1

Instruments

  • Equity5
  • Senior debt2
  • Quasi-equity1

Deals per year

YearDealsDisclosed amounts
20222—
2023112.7 M$
2024325.2 M$
2025110.5 M$
20262—

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Tibu HealthClinics and hospitals · KenyaJun 2026undisclosedProparcosource
AfrilensMedical devices and equipment · Kenya · SeedApr 2026undisclosedEQ2 Venturessource
HewaTeleMedical devices and equipment · Kenya · DebtAug 202510.5 M$AfricInvestsource
LapaireSpecialised care · KenyaOct 20243.2 M$AfricInvestsource
AxmedPharmacy and drug distribution · Kenya · SeedMay 20242 M$Founderful Venturessource
HewateleMedical devices and equipment · Kenya · GrowthFeb 202420 M$Finnfundsource
Avenue Group LimitedClinics and hospitals · Kenya · GrowthApr 202312.7 M$IFC (International Finance Corporation)source
Diani Beach Hospital LimitedClinics and hospitals · Kenya · GrowthJul 2022undisclosedAscent Capital Africasource
Valley Hospital LimitedClinics and hospitals · Kenya · GrowthJun 2022undisclosedAscent Capital Africasource
Ilara HealthLabs and imaging · Kenya · Series ADec 20203.8 M$TLcom Capitalsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.