UAE-based AI-healthtech platform, Valeo, has raised a $12M Series B funding round led by Flintera, with participation from Nuw Capital, Fj Labs, Oryx Fund, Mindshift Capital, Oraseya Capital, and Eirad.
More to Know:
- Valeo was founded in 2021 by Sundeep Sahni, Nadin Karadag, and Ankur Majumder.
- It provides personalized and AI-driven healthcare and treatment plans.
- The funding will be used for expansion across Saudi Arabia, the UAE, and the rest of the GCC.
- This round brings the company’s total funding to $20M, including the Seed round that was announced in June 2021 and led by Global Founders Capital.
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