First-ever funded startup sparks Somaliland investment hopes

[Deeq A.]

In significant news for the nearly 6m inhabitants of Somaliland, an unrecognised state located on the southern coast of the Gulf of Aden, Caafisom, a healthtech startup based in the capital city of Hargeisa, has completed a $110,000 seed investment round led by the US-based venture capital fund Tofino Capital and local Take Off Fund.

Source: Hiiraan Online