Deal Street

African Startup Funding Tracker

$603,379,000+

*Data updated daily at 18:00 EAT

South African Healthtech Startup Quro Medical Raises USD 1.3 M Funding
South African Healthtech Startup Quro Medical Raises USD 1.3 M Funding

South African e-health startup Quro Medical has raised ZAR25 million (USD 1.3 M) in funding from the Mineworkers Investment Company (MIC). With the support of MIC, Quro Medical will be able to further develop its technology and expand its reach, improving healthcare outcomes and reducing costs for patients and providers.

Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the comfort of their homes. Quro Medical’s platform reduces the costs of healthcare delivery by leveraging real-time, data-driven clinical interventions. In 2020, Quro Medical launched Hospital at Home, which provides qualifying patients with clinically appropriate and patient-centric hospital-level care in their homes.