Thursday, July 24, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Healthtech

mPharma, a Ghanaian health technology startup, announces a $35 million Series D funding round

Tech Gist Africa by Tech Gist Africa
01/07/2022
in Healthtech, Investments, News - West Africa, Startups, Venture Capital
0 0
0
mPharma Gregory Rockson

mPharma Gregory Rockson

0
SHARES
Share on FacebookShare on Twitter

mPharma, a Ghanaian health technology startup, is preparing for the next stage of expansion following a $35 million Series D funding round.

Tinder co-founder Justin Mateen launched the JAM Fund, which invested alongside Unbound, a growth investment firm founded by Shravin Mittal, managing director of Bharti Global Limited (the Bharti family investment arm); and Lux Capital, a New York-based venture capital firm that invests in science and technology ventures (this is the firm’s first investment in Africa). Other investors include Northstar, Social Capital, Novastar, and TO Ventures.

With the objective of becoming the region’s primary healthcare provider for millions of people, the health tech firm is creating a network of community pharmacies across Africa.

Mutti pharmacies are essentially mini-hospitals that offer medical consultations, testing, and telemedicine, among other things. It’s also creating an e-commerce service for pharmaceuticals. All while increasing the availability and affordability of high-quality drugs.

The company has set out to activate more Mutti pharmacies in order to expand its reach and build out its tech infrastructure as it prepares for the next phase of growth after collecting $35 million in Series D funding.

Patients in Ghana, Nigeria, Kenya, Zambia, Malawi, Rwanda, and Ethiopia, where mPharma has a presence, can now access virtual services. MPharma also has a presence in Gabon, where it is working on establishing a pharmaceutical supply chain infrastructure under a government contract.

According to mPharma co-founder and CEO Gregory, the funds will be used to improve the startup’s data infrastructure, quadruple its talent pool over the next three years, and support expansion plans in current and new markets.

 

Read more on Tech Gist Africa:

Gahez, an Egypt-based e-commerce startup and B2B fashion marketplace, has raised a pre-Seed round of $2 million

Teesas, a Nigerian edtech startup, has raised $1.6 million in a pre-seed round

Tugende, a Ugandan asset finance company, has closed a $17 million debt investment round

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

telecommunications
Mobile networks

Cameroon Fines MTN and Orange $4.6 Million for Poor Service Delivery

by Tech Gist Africa
07/11/2025
0

Cameroon’s telecom regulator has issued fines totaling approximately 2.6 billion CFA francs (around US $4.6 million) to MTN Cameroon and Orange...

Read more
Aria Ventures Egypt

Aria Ventures Launches $1 Million Fund to Boost Deep‑Tech Investment in Egypt

07/10/2025
Complete Farmer Ghana

Complete Farmer, a Ghana-based agritech company Raises $2.5 Million

07/09/2025
Wave Senegal

Wave, a Senegal‑based fintech startup has secured a $137 million debt financing facility

07/09/2025
Liquify Ghana

Liquify, a Ghanaian fintech startup has raised $1.5 million in seed funding

07/08/2025
Next Post
Classic BlackBerry phones

BlackBerry has announced that it would no longer be providing support for its old mobile devices.

Alvin

Alvin, a Kenyan money manager startup secures $740,000 in pre-seed funding

JABU Namibia

JABU, a Namibian e-commerce startup, raises $3.2 million in a seed round

No Result
View All Result

The Big 5

Africa Tech

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

...

Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

by Tech Gist Africa
07/14/2025
0

...

Ecobank

Ecobank, Google Partner to Boost Financial Inclusion and Innovation Across Africa

by Tech Gist Africa
07/08/2025
0

...

AWIEF

AWIEF 2025 Awards Nominations Now Open to Celebrate Africa’s Top Women Entrepreneurs

by Tech Gist Africa
07/08/2025
0

...

Google for Startups Accelerator Africa

15 African AI startups Selected for Google for Startups Accelerator Africa

by Tech Gist Africa
07/08/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.