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African backer of tech unicorns eyes Al in healthcare deals
Cape Times
|June 13, 2025
CHRONOS Capital, an early backer of emerging market unicorns Tyme Group and Optasia, is looking to invest in companies deploying artificial intelligence in healthcare as it seeks to capitalise on a technology that’s expected to transform the medical industry.
“AI in healthcare is going to have the biggest impact on humanity,” Roger Grobler, a partner at the investment firm said in an interview. “AI in healthcare is probably where fintech in financial services was 30 years ago. All the upside is still to be made.”
AI is developed by processing and learning from vast swathes of data, which in healthcare, for example, may enable it summarise and recognise patterns in records, interpret test results and diagnose illnesses. Its potential to address inefficiencies in the global health-care industry, lower costs and democratize access to medical treatment is drawing interest around the world, including from Google parent Alphabet and M42, Abu Dhabi’s state-backed investment firm.
Dit verhaal komt uit de June 13, 2025-editie van Cape Times.
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