STARTUP WATCH- Egyptian pharmacy locator Chefaa eyes series A funding round to finance regional expansion: Chefaa, an AI-powered platform for buying pharma products, is planning a series A funding round in January 2020 to help the company begin its expansion beyond Egypt’s borders, the National reports. Chefaa is planning to kick off its regional expansion in the GCC, with Saudi Arabia as a starting point, before expanding into African countries such as Nigeria. The targeted size of its upcoming funding round was not disclosed, but the co-founders suggest they are focusing on experienced investors who will provide expertise along with funding. “We are targeting investors who can act as strategic partners to help us achieve our milestones. This includes investors with experience in the healthcare sector or in start-ups within the GCC and Africa,” co-founder and COO Rasha Rady tells the news outlet. Chefaa last secured a six-figure seed funding round from Flat6Labs and 500 Startups in August.