Egypt-based pharma locator Chefaa secures six-figure seed round
STARTUP WATCH- Pharmacy locator Chefaa secures six-figure seed round: Chefaa, an AI-powered platform for buying pharma products, has secured a six-figure seed funding round from Flat6Labs and 500 Startups, according to Disrupt Africa. The exact amount of funding was not disclosed. Chefaa plans to use the funding to help finance its geographic expansion and the introduction of new products. The startup, which graduated from Flat6Labs’ 10th cycle, had been looking to secure EGP 5 mn in funding last year to expand its activity. The on-demand smart medicine system allows users to scan their prescriptions, locate the nearest pharmacy, order medicine online, and schedule monthly packages in case of chronic diseases.