Hewatele
Manufactures and distributes medical oxygen through six operational Pressure Swing Adsorption (“PSA”) plants
Location: Kenya
Website: https://www.hewatele.org/
Sector: Healthcare
Funding Stage: Debt, Venture Round,
Total Funding ($m): 20
# of Founders: 2
Founding Year: 2013
Funding Year: 2024
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2024 | $11.1m | Debt | U.S. International Development Finance Corporation (DFC), Grand Challenges Canada |
| 2024 | $8.9m | Venture Round | Finnfund, Soros Economic Development Fund (SEDF), UBS Optimus Foundation |
Debt $11.1m
U.S. International Development Finance Corporation (DFC), Grand Challenges CanadaVenture Round $8.9m
Finnfund, Soros Economic Development Fund (SEDF), UBS Optimus FoundationNews
https://www.finnfund.fi/en/news/investors-support-hewatele-in-its-efforts-to-bring-affordable-medical-liquid-oxygen-to-healthcare-facilities-in-east-africa/