nigerian healthtech startup field secures 11m in latest funding round

Nigerian Healthtech Startup Field Secures 11m In Latest Funding Round

Field, a Nigerian healthtech company, has developed a route-to-market service aimed at introducing innovative solutions to maternal mortality, infant and child health, and nutrition challenges.

Supported by an initial investment of 11 million from the Bill Melinda Gates Foundation, the program will leverage Field's proprietary technology, distribution network, and financial capabilities.

Currently, this initiative powers more than 40,000 healthcare providers-both private and public-in rural and urban areas of Kenya and Nigeria.

Founded in 2015 by Michael Moreland and Justin Lorenzo, Field began as a pharmaceutical supply chain provider in Nigeria and Kenya, with the mission of transforming the pharmaceutical value chain.

Michael Moreland, CEO and Founder of Field, emphasized that using digital technology to enhance, connect, and finance health systems at scale will greatly improve access to quality care. He noted that the support from the Bill Melinda Gates Foundation will enable the company to accelerate efforts to enhance maternal and child survival in various contexts.