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Hewatele logo — Empowering access to affordable quality medical oxygen for a...

Hewatele

Empowering access to affordable quality medical oxygen for all patients in need.

Founded 2014 5 employees Venture round Total: $40.00M Health Care, Medical Devices

General Information

Company Name Hewatele
Founded Year 2014
Employees 5
Industries Health Care, Medical Devices
Funding Stage Venture round
Social

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About Hewatele

Hewatele, founded in 2014, is a social enterprise in the Health Care and Medical Devices industries, with a mission to empower access to affordable quality medical oxygen for all patients in need. The company, along with its affiliates CPHD and Mediquip Global, aims to address the critical shortage of medical oxygen in developing countries. In its latest funding round on 14 February 2024, Hewatele secured a $20.00M investment from a consortium of impactful investors including OP Finnfund Global, Grand Challenges Canada, Soros Economic Development Fund, and UBS Optimus Foundation. This investment will likely enable Hewatele to expand its operations and make a significant impact in bridging the gap in access to medical oxygen, particularly in underserved communities.

Taxonomy: Medical Oxygen, Affordable Healthcare, Social Enterprise, Healthcare Access, Quality Healthcare, Patient Support, Healthcare Affordability, Medical Equipment, Healthcare Equality

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed -
14 Feb 2024
Venture Round $20.00M 4
OP Finnfund Global
OP Finnfund Global, Grand Challenges Canada +2
14 Feb 2024
Debt Financing $11.10M 2
U.S. DFC
U.S. DFC, Grand Challenges Canada
20 Oct 2023
Venture Round $8.90M 3
OP Finnfund Global
OP Finnfund Global, UBS Optimus Foundation +1
20 Oct 2023

Hewatele Alternatives & Competitors

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Hewatele vs
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Hewatele vs
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FAQ About Hewatele

Empowering access to affordable quality medical oxygen for all patients in need.
Hewatele was founded in 2014.
Hewatele operates in Health Care and Medical Devices. Its work centres on Medical Oxygen, Affordable Healthcare, Social Enterprise and Healthcare Access.
Hewatele has approximately 5 employees.
Hewatele has completed 4 funding rounds, raising a total of $40.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Hewatele include Inova Labs, Impulse Biomedical, Aires Medical, Power, BPL Medical Technologies Pvt Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hewatele and Inova Labs are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hewatele, https://bouncewatch.com/company/hewatele, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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