Thanks to a $1.65 million investment from New GX Ventures SA, a collaboration between New GX Capital, RMB Ventures, and GIIG Africa, Envisionit Deep AI is now poised for expansion. This happened after the company was voted the Southern Africa regional winner of the African Startup Awards.
The company supplies a range of goods that it wants to market outside of South Africa, including the Radify AI platform, which it says delivers rapid, precise, high-quality, and affordable medical imaging diagnostics that are essential for identifying diseases and treating them.
In 2014, Dr. Jaishree Naidoo, who was in charge of paediatric radiology at a hospital in South Africa, had a lightbulb moment after reading a news article on the use of AI identification patterns to recognise animals.
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Being a radiologist with 20 years of experience, Naidoo was already familiar with pattern recognition and instantly grasped how AI might be applied in the industry to increase access to diagnostic imaging.
Envisionit Deep AI
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard