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/Investors/AAIC Investment

AAIC Investment

aaicinvestment.com β†—
8 investmentsΒ·5 products on Liners
AAIC Investment is a Singapore-based fund management company established in 2013 as the investment arm of AAIC Holdings. The firm began by supporting Corporate Venture Capital activities of Japanese corporations in 2014 before pivoting to focus on Africa-focused investment opportunities. AAIC Investment manages two primary funds: the Africa Healthcare Fund (AHF1), launched in 2017, and the Africa Innovation and Healthcare Fund (AHF2), launched in 2022. The firm has invested in over 50 companies across Africa through its two funds as of early 2025, with a demonstrated focus on health technology and healthcare innovation. AAIC Investment's portfolio in East and West Africa reflects a strategic concentration in Kenya and Nigeria, where it has backed companies addressing critical healthcare access challenges. The investor targets companies across multiple stages, from early-stage ventures to Series A rounds, with particular emphasis on digital health platforms, pharmacy supply chain solutions, and healthcare delivery infrastructure that serve underserved populations across the continent.

Total Invested

$74.5M

Active Since

May 2019

Latest Investment

Aug 2025

Top Stage

Series A

AAIC Investment Investment Regions

πŸ‡³πŸ‡¬ Nigeria (4)πŸ‡°πŸ‡ͺ Kenya (4)

AAIC Investment Investment Sectors

Health Tech (7)Quick Commerce (1)

AAIC Investment Investment Timeline

Favicon of ChowdeckChowdeckSeries A$9MAug 2025
withNovastar VenturesGFR FundKaleo VenturesY CombinatorHoaQ+1 more
Favicon of MYDAWA MYDAWA Other$9.6MApr 2025
withIFUAlta SemperCreadevOhara Pharmaceutical
Favicon of MYDAWA MYDAWA Venture (Round not Specified)Apr 2025
withInvestment Fund for Developing CountriesAlta Semper CapitalOhara PharmaceuticalCreadev
Favicon of ILARA HEALTHILARA HEALTHVenture (Round not Specified)$2.5MFeb 2024
withAngaza CapitalBlack Pearl InvestmentsDOB EquityPerivoli InnovationsPhilips Foundation
Favicon of Reliance HealthReliance HealthSeries B$40MFeb 2022
withPicus CapitalP1 VenturesLaerdal million lives fundGeneral AtlanticPartech+2 more
Favicon of DrugstocDrugstocSeries A$4.4MNov 2021
withGerman Investment CorporationVestedWorld
Favicon of Reliance HealthReliance HealthSeries A$6MJan 2020
withPicus CapitalY CombinatorPartechTencent
Favicon of MYDAWA MYDAWA Series A$3MMay 2019

Products Backed by AAIC Investment

Favicon of Chowdeck
ChowdeckπŸ‡³πŸ‡¬
Get meals and essentials delivered from nearby vendors
Quick Commerce
Favicon of MYDAWA
MYDAWA πŸ‡°πŸ‡ͺ
Order medicines and healthcare essentials with fast delivery
Health Tech
Favicon of ILARA HEALTH
ILARA HEALTHπŸ‡°πŸ‡ͺ
End-to-end support for digitized primary care clinics
Health Tech
Favicon of Reliance Health
Reliance HealthπŸ‡³πŸ‡¬
Employee health plans with telemedicine and provider access
Health Tech
Favicon of Drugstoc
DrugstocπŸ‡³πŸ‡¬
Buy genuine medicines and manage pharmacy supply in one place
Health Tech

Investors Similar to AAIC Investment

Y Combinator (2)Creadev (2)Ohara Pharmaceutical (2)Picus Capital (2)Partech (2)Tencent (2)Novastar Ventures (1)GFR Fund (1)

FAQs About AAIC Investment

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