# ABA Life Signs $40 Million Investment Agreement With Admaius Capital Partners

> ABA Life signed a $40 million investment agreement with Admaius Capital Partners to fund its AI for Sovereign Health programme and international expansion.

- Published: 2026-10-29T12:03:19+00:00
- Section: Funding
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-29/aba-life-admaius-40-million-investment
- Source: [Wamda.com](http://wamda.com/2026/10/morocco-aba-life-secures-40-million-investment-admaius-capital-partners)

## Key takeaways

- ABA Life signed a $40 million investment agreement with Admaius Capital Partners, subject to Competition Council approval.
- The funding will support the AI for Sovereign Health programme, including the Mediot AI platform.
- ABA Technology reported €100 million in revenue for fiscal year 2025 and operates in more than 30 countries.

ABA Life, the healthcare arm of ABA Technology, signed a $40 million investment agreement with pan-African private equity firm Admaius Capital Partners, subject to customary closing conditions and approval from Morocco's Competition Council. [Wamda.com](http://wamda.com/2026/10/morocco-aba-life-secures-40-million-investment-admaius-capital-partners) reported the agreement on October 29, 2026.

## Admaius Backs ABA Life's Healthtech Expansion

ABA Life was founded in 2021 and develops healthcare solutions that combine artificial intelligence, medical technology, telemedicine, connected healthcare infrastructure and clinical services. The company said it has built an integrated, profitable business model delivering healthcare programmes with public institutions and foundations to widen access to medical services.

The investment will support the company's AI for Sovereign Health programme, including its Mediot AI platform and clinical intelligence solutions, alongside expansion of its healthcare technologies and services and entry into international markets. Mohamed Benouda, Founder and Chairman of [ABA Technology](https://akta.pro/company-profiles/003ly6l/aba-technology), said: "In five years, we have shown that a profitable healthcare technology model, able to deploy at scale, can be built from Morocco. This funding marks the start of a new phase: acceleration and internationalisation."

Selim Ettriqui, Head of Morocco and West Africa at [Admaius Capital Partners](https://akta.pro/company-profiles/000228p/admaius-capital-partners), said the firm was impressed by "an integrated healthcare operator combining medical devices, connected infrastructure, care operations and proprietary technology developed in Morocco." Marlon Chigwende, Managing Partner at Admaius, said ABA Life has "an ambitious entrepreneurial team, a proven business model, strong technology foundations and significant potential to scale."

## ABA Technology's Revenue and Joint Venture Record

According to akta.pro [company records](https://akta.pro/company-data), ABA Technology reported €100 million in revenue for fiscal year 2025 and has more than 1,200 full-time collaborators across its business units. The same records show the company operates or has deployed solutions in more than 30 countries.

| Record | Figure |
| --- | --- |
| FY2025 revenue | €100 million |
| Full-time collaborators | 1,200+ |
| Countries with operations or deployments | 30+ |

## Promaxo and HeyVoli Funding Deals

Promaxo closed its Series C round with New Science Ventures and Amara Ventures, plus a $100 million credit facility, Startup Researcher [reported](https://www.startupresearcher.com/news/promaxo-secures-series-c-funding-and-usd100-million-credit-facility) on October 22, 2026. HeyVoli, a Bengaluru-based healthtech startup, raised $500,000 in pre-seed funding on October 22, 2026, The SaaS News [reported](https://www.thesaasnews.com/news/heyvoli-raises-500000-pre-seed/) on October 23, 2026.

## Competition Council Clearance Pending

The agreement remains subject to customary closing conditions and clearance by Morocco's Competition Council.

## Companies in this story

- [ABA Technology company profile](https://akta.pro/company-profiles/003ly6l/aba-technology) · website: https://aba.technology
- [Admaius Capital Partners company profile](https://akta.pro/company-profiles/000228p/admaius-capital-partners) · website: https://www.admaius.com

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