Newtown Partners, Saviu Ventures, others back e-health startup

Cameroonian e-health startup Waspito has secured an additional $2.5 million, bringing its total seed funding to $5.2 million in one year.

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Cameroonian e-health startup Waspito has secured an additional $2.5 million, bringing its total seed funding to $5.2 million in one year. The company aims to accelerate its growth in Cameroon and Côte d’Ivoire and has plans to expand into Senegal and Gabon, reinforcing its position in Francophone markets.

Waspito will be funding its growth plans via the oversubscribed $2.5 million seed extension round secured from DP World via Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and Health54 (the healthcare CVC of CFAO).

Founded by Jean Lobe Lobe in 2020, Waspito is a community driven mobile platform for telehealth and insurance distribution services with over 630,000 users.

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