mPharma

Ghana-based pharmaceutical supply chain startup mPharma has locked up $35 million in Series D funding, TechCrunch reported last week.

A portion of the funds will fuel the expansion of mPharma’s Mutti pharmacies in eight African markets, per the article, which said the pharmacies will offer a first point of care for patients, with services including medical consultations and diagnostics.

The new investments bring mPharma’s total haul across multiple financing rounds to $65…

Britain’s development finance company CDC Group and other investors backed pharmaceutical supply chain startup mPharma with $17 million in Series C funding, media announced last week.

The investment will allow the Ghana-based demand aggregator to expand its retail network from 400 to 900 community pharmacies across Africa, reduce the risk of counterfeit medication, and lower the costs of essential medicines to consumers, according to a CDC Group press release.