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Thakaa Med Secures Seed Round Investment

Saudi Healthtech Thakaa Med Secures Seed Funding from Falak Angels

Rasmal Press RoombyRasmal Press Room
September 3, 2024
in Funding, News
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  • Thakaa Med, founded in 2022 by Alwaleed Albadr, is a Saudi healthtech startup focused on AI-driven healthcare solutions.
  • The company has secured Seed round investment from Falak Angels to enhance its AI models and launch flagship products, Dental IQ and Chest IQ.
  • Dental IQ and Chest IQ are designed to provide advanced diagnostic capabilities and personalized care in dental and chest healthcare.
  • Falak Angels, a prominent MENA investment enabler, supports Thakaa Med’s growth and technological innovation in healthcare.

Thakaa Med, a Saudi Arabia-based healthtech startup, has successfully secured a Seed round investment through Falak Angels syndicate. Founded in 2022 by Alwaleed Albadr, the company specializes in AI-driven healthcare solutions that focus on transforming patient care.

Thakaa Med is at the forefront of advancing predictive, preventive, and personalized technologies, aiming to make a significant impact on the healthcare sector.

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The newly secured capital will play a crucial role in accelerating the enhancement of Thakaa Med’s AI models. This investment will also support the market launch of its flagship products, Dental IQ and Chest IQ.

These innovative tools are designed to revolutionize dental and chest healthcare by providing advanced diagnostic capabilities and personalized care options. Thakaa Med’s commitment to innovation aligns with the broader goals of the Kingdom’s Vision 2030, which emphasizes the importance of technological advancement in improving public health.

Falak Angels’ Commitment to Innovation

Falak Angels, an influential investment enabler in the MENA region, has demonstrated its continued commitment to supporting groundbreaking tech startups like Thakaa Med.

The syndicate connects smart money with visionary founders, offering both financial backing and strategic guidance. With a portfolio of over 180 startups, Falak Angels has been instrumental in nurturing the growth of innovative companies that are poised to make a significant impact across various industries.

Adwa Aldakheel, CEO of Falak Investment Hub, emphasized the importance of this partnership, stating, “Falak Angels remains dedicated to empowering the next generation of tech startups. We provide them with the necessary resources to ensure their growth and long-term impact on society.” This investment not only supports Thakaa Med’s immediate goals but also reinforces Falak Angels’ mission to foster technological innovation in the healthcare sector.

Driving Innovation in Healthcare

Thakaa Med’s mission to transform healthcare through AI is a testament to the potential of technology in addressing complex medical challenges. By advancing its AI technologies, Thakaa Med aims to introduce cutting-edge solutions that enhance patient outcomes and streamline healthcare processes. The company’s focus on personalized care through AI-driven tools positions it as a key player in the future of healthcare in Saudi Arabia and beyond.

This strategic investment marks a significant milestone for Thakaa Med as it continues to develop innovative solutions that contribute to the betterment of healthcare and align with the Kingdom’s vision for a technologically advanced future.


Follow us on Instagram, LinkedIn, and Twitter for startup & business news and inspiring stories of MENA businesses, entrepreneurs, startups, innovators, investors, and change-makers.

To report any issue or error in the story, please email us editor [at] rasmal [dot] com.

Last Updated on September 3, 2024 by Safiya K

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Rasmal Press Room

Rasmal Press Room brings you press releases and updates from a wide array of startups, businesses and tech industries in the MENA region. This section features content directly from industry leaders and organizations, providing our readers with up-to-date information on the latest news and trends. Please note that these articles are sourced externally and may not represent Rasmal's editorial perspective.

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