■ RecoMed (South Africa) Investment Profile Performance indicator : High
Operates the largest online hospital booking system in South Africa. Linked to doctors’ schedules, it allows users to specify individual doctor times and make appointments. Collaborates with major healthcare companies in the country, including Discovery (medical insurance), Mediclinic (hospital group), and Clicks (pharmacy chain). Eisai Co., Ltd. invested in the company in 2024 and entered into a strategic business partnership.
Amazon Web Services: Improving healthcare delivery in South Africa
■ Reliance Health (Nigeria) Investment Profile Performance indicator : Very high
In Nigeria, where the health insurance penetration rate is less than 5%, the company provides cheaper, higher-quality health insurance to more than 300,000 people through digital operations. In 2022, the company raised $40 million in Series B, the largest in African health tech.
Nigerian health insurance introduction video: The Next Gen Has Arrived
■ Deep Echo (Morocco) Investment Profile Performance indicator : High
A deep tech company from Morocco. Utilizing AI to automate fetal ultrasound examinations and improve prenatal care. Supporting the implementation and interpretation of pregnancy ultrasound examinations in resource-limited medical settings without dispatching specialists. Received 510(k) clearance from the FDA (U.S. Food and Drug Administration) in June 2025.
Plug and Play’s introduction video: Deepecho
■ Ubie (Japan) Investment Profile Performance indicator ： Outstanding
Using AI as its core technology, the company develops and provides “Ubie,” which guides patients to the appropriate medical treatment based on their symptoms, and “Ubie AI Questionnaire,” which aims to improve the efficiency of medical operations. Investors include Google, Japan Post Capital Co., Ltd., NTT Docomo Co., Ltd., and Seven-Eleven Japan Co., Ltd., and as of May 2025, the company has raised a total of over 18 billion yen in funding.
TV Tokyo BIZ: Ubie
■ Allm (Japan) Investment Profile Performance indicator : Very high
Developed Join (an app for doctors), a medical device program that was the first in Japan to be covered by insurance as an information sharing and collaboration tool between doctors. It is available in 28 countries, including Africa. In 2022, DeNA acquired the company, and our fund stake was sold.
Allm: Allm Concept Movie 2021