We are proud to be a part of VIEBEG's continued growth and innovation via this co-investment partnership with Launch Africa Ventures! Congratulations to Tobias Reiter and the entire VIEBEG team on this major company milestone. #rethinkingvc #healthcareinnovation #investinafrica
📢 New Investment Announcement 📢 Exciting news! VIEBEG has officially joined our prestigious portfolio at Launch Africa Ventures. We are happy to join a stellar list of co-investors, both corporate and VC, on the deal, including Johnson & Johnson, Sanofi, Beyond Capital Ventures, Angaza Capital , and other prestigious investors. 🏥 What they do: Viebeg is revolutionizing access to medical supplies in Africa, starting with East and Central Africa. Through a one-stop shop for inventory management and predictive analytics, Viebeg ensures that pharmaceuticals and medical equipment are accessible and affordable. Viebeg links manufacturers directly to end-users, optimizing the procurement processes and making healthcare more efficient. 💊 What sets Viebeg apart: Availability: Viebeg ensures that the right quantities of medical products are always available at hospitals, enhancing healthcare delivery. Affordability: Viebeg connects manufacturers directly to end-users, reducing costs and making medical supplies more affordable. De-risking: Viebeg's AI tool predicts supply shortages, epidemics, and other healthcare shocks ahead of time, preventing health crises and ensuring continuous supply. 🌟 Why we invested: Viebeg's data-driven B2B procurement platform de-risks and optimizes procurement of medical equipment and supplies using demographic and public health data. Unlike traditional local suppliers, Viebeg offers a digitized platform that makes procurement efficient, transparent, and automated. By linking healthcare providers directly to international manufacturers and suppliers, Viebeg provides a health demand prediction model, helping facilities make informed procurement decisions. Healthcare is a key sector for Launch Africa ventures. Viebeg is our second health tech investee in fund 2, joining 13 other health tech portfolio companies from our first fund. Stay tuned for updates on Viebeg as they continue to reshape healthcare accessibility and quality across Africa! #LaunchAfricaVentures #Investment #HealthcareInnovation #MedicalSupplies #ProcurementOptimization