Altibbi gets $6.5m cash injection

Oct 6, 2017 • Sam McCaffrey

The digital health platform has raised $6.5m in a round backed by Al Rashed and Sons unit Rimco Investments, and will use the funding for regional expansion.

United Arab Emirates-based digital health platform Altibbi has secured $6.5m in a funding round featuring Rimco Investments, an investment subsidiary of diversified conglomerate Al Rashed and Sons.

The round was co-led by venture capital firms Dash Ventures and Middle East Venture Partners (MEVP), with contributions from co-investment fund Endeavour Catalyst, Tamm and undisclosed additional investors.

Founded in 2010, Altibbi has developed an online platform with more than 1.5 million pages of Arabic medical content, including a medical encyclopaedia, news, articles…

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