African Backer of Tech Unicorns Eyes AI in Healthcare Deals (1)

Chronos Capital, an early backer of emerging market unicorns Tyme Group and Optasia, is looking to invest in companies deploying artificial intelligence in healthcare as it seeks to capitalize on a technology that’s expected to transform the medical industry.

“AI in healthcare is going to have the biggest impact on humanity,” Roger Grobler, a partner at the investment firm said in an interview. “AI in healthcare is probably where fintech in financial services was 30 years ago. All the upside is still to be made.”

AI is developed by processing and learning from vast swathes of data, ...