Saudi Arabia-based healthtech platform Aumet raised $7 million in pre-Series A from AAIC

March 21, 2023

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Saudi Arabia-based healthtech platform Aumet raised $7 million in pre-Series A from AAIC, a Tokyo-based healthcare-focused VC fund where Swiss PE firm AIJ Holdings, Hamad Ali Sagri family office, Tijah Holdings, Cigalah Group, and Shorooq Partners, an early backer of Aumet in pre-seed and seed stages, also participated.

Aumet provides healthcare providers with solutions. It employs predictive analytics to forecast product procurement for pharmacies, resulting in cost savings and improved supply chain efficiency. The funds will be used by the company, which aims to improve access to healthcare products, to develop its AI capabilities and expand its reach to more pharmacies. The platform also allows manufacturers, distributors, and healthcare providers to exchange data for better decision-making.

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