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Venture Capital
cubit.vc

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Investments

2

About Cubit Ventures

Cubit Ventures is an early-stage venture fund backing tech startups driving digital transformation in Egypt. It was founded in 2021 and is based in Cairo, Egypt.

Cubit Ventures Headquarter Location

Cairo,

Egypt

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Latest Cubit Ventures News

Rology For E-Health Closes Pre-series A Funding Round

Apr 18, 2022

Rology, the Egyptian startup specializes in Teleradiology, has closed a new pre-Series A funding round with the participation of Egypt Ventures, Sequence Ventures, Waseel, Tawaref and Viktoria Ventures, as published on Arabiainc . Former investors in Rology including HIM Angels, AAIC, DAI and Cubit Ventures also participated in thefunding round. Rology The company was launched in 2017 to compensate for the lack of radiologists and high latency in medical reports through enhancing scan image quality and matching cases from Hospitals and Radiology Centers according to sub-specialization and expertise. It delivers reports for cold cases within 12 hours and emergency cases in just 60 minutes. Rology is fully equipped platform to supply hospitals with unique solutions across a diverse spectrum of subspecialties including breast imaging, Cardiovascular Radiology, Chest Radiology, Gastrointestinal (GI) Radiology, Musculoskeletal Radiology, and more. “After the pandemic era, and the rapid increase in the radiology demand globally and in the MEA region, we have the responsibility to improve the Teleradiology as a real solution for the diagnostic challenges to save lives. Rology's role became more important to help patients get an accurate diagnosis quickly. So, we are developing our platform to serve a large number of hospitals and radiology centers either in cities or rural areas with zero setup hassle, in addition, boost radiologists' productivity through our AI radiology tools.”” Amr AboDraiaa, Rology co-founder and CEO As published on Arabiainc . . These funds are expected to be directed towards the growth and empowerment of Rology's geographical expansion in the Middle East and North Africa region.

Cubit Ventures Investments

2 Investments

Cubit Ventures has made 2 investments. Their latest investment was in Rology as part of their Seed VC on April 4, 2022.

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Cubit Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/13/2022

Seed VC

Rology

Yes

3

4/10/2022

Seed VC

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$99M

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10

Date

4/13/2022

4/10/2022

Round

Seed VC

Seed VC

Company

Rology

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Amount

$99M

New?

Yes

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Co-Investors

Sources

3

10

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