> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# UAE-based healthtech startup Vamstar raises $9.5 million for digital transformation
- URL: https://www.techloy.com/uae-based-healthtech-startup-vamstar-raises-9-5-million-for-digital-transformation/
- Published: 2022-06-23T14:47:59.000Z
- Updated: 2022-12-08T01:56:52.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Health Tech, Tech in UAE

[Vamstar,](https://vamstar.io/) an AI-driven healthtech startup based in UAE has raised $9.5 million in its Series A funding round led by Alpha Intelligence Capital and Dutch Founders Fund.

- The fund will be used to support its digital acceleration and product development processes, enhance its exchange platform with AI, improve data quality to boost e-commerce services, and digitize the supply chain in the health ecosystem.
- Founded in 2019, Vamstar uses machine learning (ML), deep learning (DL), and natural language processing (NLP) to connect data points for healthcare product sourcing and procurement processes.
- It enables buyers and suppliers to automate transaction processes including hospitals, laboratories, clinics, and corporations among others.
- Btov Partner and Antler, existing investors participated in the round.