How much funding have Medical startups in South Africa raised?

Medical startups in South Africa have raised $308M across 14 disclosed rounds.

Who invests in Medical startups in South Africa?

HAVAÍC has backed 2 of them, followed by AAIC Holdings (1) and ASISA Enterprise Development Fund (1). 13 investors have backed Medical startups in South Africa in total.

Where in South Africa are Medical startups based?

Cape Town (4), Pretoria (1) and Stellenbosch (1) have the most.

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Medical startups in South Africa

StartupList Africa tracks 7 Medical startups in South Africa, which have raised $308M across 14 disclosed rounds. Cape Town has the most, with 4, followed by Pretoria (1) and Stellenbosch (1). 13 investors have backed them.

Companies: 7; in South Africa
Total raised: $308M; 14 rounds
Investors: 13; backed them

Updated 28 Oct 20267 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Medical startups in South Africa7

#	Startup	What they do	Last round	Raised	Team
1	MediclinicSouth Africa	Mediclinic is a private hospital group with three operating platforms in Southern Africa (South Africa and Namibia)	Post-IPO Equity	$300M	101–250
2	Genius BiotherapeuticsSouth Africa	Genius Biotherapeutics is a biotechnology company manufacturing modern biotechnology products for human pharmaceutical use.	Venture	$3M	1–10
3	CapeRaySouth Africa	CapeRay Medical develops, manufactures and supplies medical imaging equipment for the diagnosis of breast cancer.	Series C	$3M	1–10
4	RecoMedSouth Africa	RecoMed is powering the future of healthcare bookings.	Corporate	$2M	11–50
5	Ingress HealthcareSouth Africa	Ingress Healthcare is changing the face of healthcare through digital tools and solutions	Seed	$647K	2–10
6	Vula MobileSouth Africa	Vula Mobile is an app that makes it easy to refer patients to specialists	Seed	$151K	1–10
7	Grays PharmaceuticalsSouth Africa	Grey's Pharmaceuticals is striving to achieve absolute financial success whilst contributing to environmental and social change.	Pre-seed	$130K	2–10

SLA Startup Index · as of 28 Oct 2026 · raised is disclosed funding

Showing 1–7 of 7

Frequently asked about Medical in South Africa

How many Medical startups are there in South Africa?: StartupList Africa tracks 7 Medical startups in South Africa.
How much funding have Medical startups in South Africa raised?: Medical startups in South Africa have raised $308M across 14 disclosed rounds.
Who invests in Medical startups in South Africa?: HAVAÍC has backed 2 of them, followed by AAIC Holdings (1) and ASISA Enterprise Development Fund (1). 13 investors have backed Medical startups in South Africa in total.
Where in South Africa are Medical startups based?: Cape Town (4), Pretoria (1) and Stellenbosch (1) have the most.

Cite this page

StartupList Africa, “Medical startups in South Africa”, updated 28 Oct 2026.

startuplist.africa/countries/south-africa/industries/medical