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Egypt's health tech startup Bypa-ss secures $1m in Pre-Seed funding

Egypt's health tech startup Bypa-ss secures $1m in Pre-Seed funding
The funding will be used to expand the customer base and healthcare network

Cairo – Mubasher: Egypt's health tech startup Bypa-ss has closed a $1 million Pre-Seed funding round from Egyptian and foreign investors, with participation from Magic Fund, Acuity Ventures, Launch Africa, Plug and Play, and other regional and international venture capital funds (VCs).

The funding will be used to expand the customer base and healthcare network of its HealthTag platform for storing and sharing medical records, the company said in a press release. 

Bypa-ss was founded in 2019 in Shebin El Kom, Menofia, and is now offering services to its members across Egypt. The startup has been accelerated and backed by Falak Startups' investment.