Egyptian Healthtech Chefaa Raises $5.25M to Boost Growth and Expand in Saudi Arabia 🇪🇬 🇸🇦

Egyptian Healthtech Chefaa Raises $5.25M to Boost Growth and Expand in Saudi Arabia 🇪🇬 🇸🇦

#healthcare
#startup
#funding
Revolutionizing healthcare accessibility, Egyptian startup Chefaa secures $5.25 million in a funding round led by Newtown Partners and Global Brain. With a mission to streamline prescription services, Chefaa connects over one million users to 1,100 pharmacies in Egypt and Saudi Arabia. The investment will accelerate its expansion in Saudi Arabia, where it currently operates in eight cities.

Egyptian healthtech startup Chefaa has successfully raised $5.25 million in a funding round co-led by South Africa’s Newtown Partners and Japan’s Global Brain. Founded in 2017, Chefaa focuses on patient-centric pharmacy benefits, enabling users to conveniently order, schedule, and refill both insured and non-insured prescriptions. The platform, already connecting over one million monthly active users with 1,100 pharmacies across Egypt and Saudi Arabia, will utilize the funding to expedite its growth, particularly in Saudi Arabia, where it currently operates in eight cities. The investment underscores Chefaa's commitment to improving healthcare accessibility through innovative digital solutions.


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