Chronos Capital bets big: AI healthcare startups set for transformative surge

With $467 million under management and a track record backing fintech unicorns like Tyme Bank and Optasia, Chronos Capital is now channeling its focus into AI healthcare startups, viewing this sector as the next frontier for scalable, long-term growth akin to fintech's rise three decades ago.

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Updated 2h ago
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Sources: iAfrica.com
Chronos Capital is making a significant strategic shift by betting heavily on artificial intelligence in healthcare, anticipating a transformative surge in the sector.

With $467 million (R8.3 billion) in assets under management, the firm is focusing on long-term, scalable investments where AI is deeply embedded in the value chain.

"AI in healthcare is where fintech was in financial services 30 years ago," said partner Roger Grobler, emphasizing the vast growth potential still ahead.

Chronos has a proven track record as an early investor in disruptive companies such as Tyme Group and Optasia. Tyme Bank, a digital lender operating across South Africa, the Philippines, and Vietnam, is now valued at over $1 billion.

Similarly, Optasia, a Dubai-based fintech offering micro-loans in 40 countries, recently reached a $1 billion valuation.

This experience underpins Chronos's confidence in AI healthcare startups, which it views as the next frontier for innovation and value creation in global medicine.

By leveraging its expertise in fintech and applying it to healthcare, Chronos aims to capitalize on the transformative potential of AI technologies to improve patient outcomes and healthcare delivery worldwide.

The firm's strategic pivot signals a broader trend of investment firms recognizing AI's disruptive power beyond traditional sectors, positioning Chronos as a key player in the future of healthcare innovation.
Sources: iAfrica.com
Chronos Capital, managing $467 million in assets, is pivoting to AI healthcare startups, viewing the sector as a transformative force akin to fintech's rise 30 years ago. The firm, early investor in Tyme Group and Optasia, targets scalable, long-term AI-driven healthcare innovations globally.
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The Headline

Chronos Capital pivots to AI healthcare with big growth bets

AI in healthcare is where fintech was in financial services 30 years ago. All the upside is still to be made.
Roger Grobler
Partner at Chronos Capital
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Key Facts
  • Chronos Capital has announced a strategic pivot to prioritize investments in AI-driven healthcare startups as the next major growth sector.iAfrica.com1
  • Partner Roger Grobler compares the current AI healthcare sector to the fintech industry 30 years ago, highlighting significant growth potential.iAfrica.com1
Background Context

Chronos Capital's fintech success and asset base set stage for AI shift

Key Facts
  • Chronos Capital was an early investor in fintech unicorns Tyme Group and Optasia, each valued at over $1 billion.iAfrica.com1
  • Chronos Capital manages $467 million (R8.3 billion) in assets, focusing on long-term, scalable investments with AI embedded in the value chain.iAfrica.com1
Key Stats at a Glance
Assets under management by Chronos Capital
$467 million
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Assets under management by Chronos Capital in Rand
R8.3 billion
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Valuation of Tyme Bank
$1 billion
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