African Health Technology Investments Propelled by Salient Advisory's 5-Year Milestone, Surpassing $20 Million
Promoting African Healthtech Innovation: Salient Advisory's Impact
Salient Advisory, a firm founded to bridge the gap between African innovations and the resources they need to scale, has made a significant impact in promoting healthtech innovation across the continent. In just five years since its inception in 2020, Salient Advisory has facilitated over $20 million in catalytic funding for African healthtech startups.
The firm's focus is on supporting African-led solutions addressing systemic healthcare challenges. Key programs like the Investing in Innovation (i3) program, launched in 2022, provided 38% of all grant funding to African healthtech startups in 2023, helping them validate their models, scale sustainably, and attract further investment.
Salient Advisory operates not as a direct investor but as a strategic connector and market intelligence provider. It has brokered over 630 deals and 1,000 meetings between startups and potential partners or customers, fostering ecosystem-building rather than just funding.
The firm's work supports efforts to improve access to life-saving medicines and services. Salient Advisory's data repository for tech in Africa, Labari Insights, is a valuable resource in this regard. The website for Labari Insights can be found at insights.our website.
Looking ahead, Salient Advisory plans to deepen its support to governments and manufacturers on policy, regulation, and digitisation. The firm also aims to elevate the visibility of African-led innovation globally and continue its leadership role in bridging innovation with market and funding opportunities while driving sustainable health system transformation across Africa.
References: [1] Salient Advisory Website. (n.d.). Retrieved from www.salientadvisory.co [2] Labari Insights Website. (n.d.). Retrieved from insights.ourwebsite [3] Salient Advisory Investing in Innovation (i3) Program. (2023). Retrieved from www.salientadvisory.co/i3
- To further strengthen the health-and-wellness sector, Salient Advisory is also leveraging its expertise in science and finance, aiming to elevate African-led innovation in other areas, such as agriculture and finance, to foster broader sustainable development.
- Beyond the healthtech sector, Salient Advisory's data repository, Labari Insights, offers insights into various industries, including finance, providing valuable market intelligence that could support innovative startups in various fields, such as investing.
