Gates Foundation-backed i3 to invest $1.6 million in 15 African healthtech startups

Investing in Innovation Africa (i3), a Gates Foundation-backed group of donors, pharmaceutical manufacturers and African government institutions will invest $1.6 million in 15 healthtech startups across the continent. 

The initiative will give $50,000 equity free grants to ten early stage startups and up to $225,000 each to five early stage startups who are solving problems in healthcare…