South African e-Health Company LifeQ Raises USD 47 Mn Funding Round

LifeQ, a South African company that provides biometrics and health data obtained from wearable devices and utilized in world-leading health management solutions, has raised USD 47 Mn in capital to help it scale operations.

Investors in the round include; Invenfin, 4Di Capital, Mogul Capital, Tenhong Holdings, Analog Devices, Hannover Re, Convergence Partners, Stellar Capital Partners, Nedbank Corporate and Investment Bank, Delos, OneBio Seed Investment Fund, Virgin Group, Lireas, Allen & Co, and Acequia Capital.

LifeQ provides a 24/7 lens into the body that generates business-grade biometrics for consumers, athletes, and the acutely and chronically ill, allowing them to detect health problems earlier, manage existing problems, and avoid illness.