Impact Report 2026

Investing in local solutions for lasting health impact

Investing in local solutions for lasting health impact

Global health financing is at an inflection point. With development assistance for health declining by 21% in 2025, Visit the IHME website on the Health financing page, open in a new window, new approaches are needed to sustain progress and expand access to care.

Our Impact Fund invests in local entrepreneurs with the potential to strengthen health systems, reach underserved communities, and drive lasting impact. To date, the Fund has invested $10.6 million in 8 companies operating across 20 countries. By backing local innovators, we’re encouraging sustainable growth and helping to build stronger, more resilient health ecosystems.

Our investees to date

Business models and operating locations of investee companies.
COMPANY BUSINESS MODEL LOCATION
logo Dawa M-KONONI logo Dawa M-KONONI

BUSINESS MODEL

logo Dawa M-KONONI

BUSINESS MODEL

Digitalized B2B

wholesaler of medicines to pharmacies

logo Dawa M-KONONI

LOCATION

logo Dawa M-KONONI

LOCATION

Tanzania

logo kasha logo kasha

BUSINESS MODEL

logo kasha

BUSINESS MODEL

Digitalized B2B

wholesaler of medicine and health products

logo kasha

LOCATION

logo kasha

LOCATION

Rwanda, Kenya, South Africa, Uganda, Democratic Republic of the Congo, Tanzania, Ghana

logo mPharma logo mPharma

BUSINESS MODEL

logo mPharma

BUSINESS MODEL

Network of owned and franchised pharmacies

logo mPharma

LOCATION

logo mPharma

LOCATION

Ghana, Nigeria, Togo, Benin

logo pilltech logo pilltech

BUSINESS MODEL

logo pilltech

BUSINESS MODEL

Digitalized B2B

wholesaler of medicines to pharmacies

logo pilltech

LOCATION

logo pilltech

LOCATION

Cambodia

logo rology logo rology

BUSINESS MODEL

logo rology

BUSINESS MODEL

FDA-approved

AI-powered teleradiology as a service solution

logo rology

LOCATION

logo rology

LOCATION

Egypt, Kenya, Saudi Arabia

Swipe Rx Swipe Rx

BUSINESS MODEL

Swipe Rx

BUSINESS MODEL

Digitalized B2B

wholesaler of medicines to pharmacies

Swipe Rx

LOCATION

Swipe Rx

LOCATION

Indonesia, Cambodia, Malaysia, Philippines, Thailand, Vietnam

Logo Viebeg Medical Ltd Logo Viebeg Medical Ltd

BUSINESS MODEL

Logo Viebeg Medical Ltd

BUSINESS MODEL

Digitalized B2B

wholesaler of medical equipment and medicine to healthcare facilities and pharmacies

Logo Viebeg Medical Ltd

LOCATION

Logo Viebeg Medical Ltd

LOCATION

Rwanda, Burundi, Democratic Republic of the Congo, South Sudan