Xetova will battle with other startups from around the world for a share of the KShs 2.5 billion fund from MIT.
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT).
The startup has been shortlisted under the health security and pandemics track, and is the only African tech startup under this theme.
Xetova designed the AHSA Platform, a solution to support response preparedness in managing disease events, resource mobilization and resulting procurement action. The platform enables users to have real time insights and foresight across the health value chains.
Xetova founder and CEO, Bramuel Mwalo, said the startup is re-imagining procurement management to make it efficient, value driven and inclusive.
“We are extremely elated to be finalist within the health security and pandemics category. This recognition has validated our work and boosted our morale as we seek to grow our partnerships. The solution will greatly support efforts by the government, corporates, financial institutions and donors to scale up value delivery and make procurement seamless, efficient, and Inclusive,” he said.
Xetova will battle with other startups from around the world for a share of the KShs 2.5 billion (US$ 25 million) fund from MIT.
The startups is heavily investing in producing state of the art technology and building relationships that will create and deliver value for enterprises on the continent. The global Covid-19 pandemic has brought to fore the importance of supply-chains preparedness in combating pandemics. During this crisis, we have witnessed disease surveillance and procurement of essential products being greatly disrupted.
To this end, xetova has developed a solution to support the operations of actors working to ensure health security and resilience for organizations like government agencies, donor organizations, medical institutions and supply chain actors (manufacturers, buyers, suppliers, financiers) – critical to the availability of essential healthcare products in the country.
MIT Solve is an initiative of the Massachusetts Institute of Technology (MIT) with a mission to solve the world’s most pressing challenges.
This article originally appeared at https://techtrendske.co.ke/kenyan-ai-startup-xetova-shortlisted-for-mit-2020-fund/ on September 15, 2020