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Nigerian e-health pharmaceutical distribution startup DrugStoc secures $4.4 million Series A funding, embarks on expansion drive

TechCrunch

The pharmaceutical supply chain across Africa has for decades remained fragmented leading to sourcing and distribution challenges as well as quality concerns; as fake and substandard products flood the market. This is besides its more grandiose plan of venturing outside Nigeria into other markets within Africa.

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Resilience raises over $800 million to transform pharmaceutical manufacturing in response to COVID-19

TechCrunch

Resilience’s founders identified problems in the therapeutic manufacturing process as one of the key problems that the industry faces in bringing new treatments to market — and that hurdle is exactly what the company was founded to overcome. billion to spend on sustainability and health-focused biotech. “It

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Wolt closes $530M round to continue expanding beyond restaurant delivery

TechCrunch

We operate in an extremely competitive and well-funded industry, and this round allows us to have a long-term mindset when it comes to doubling down on our different markets,” says co-founder and CEO Miki Kuusi in a statement. This, says the company, sees it offer anything from cosmetics to pet food and pharmaceuticals on its platform.

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mPharma, a telehealth pioneer out of Ghana, gets physical with 100 virtual centers across Africa

TechCrunch

One company that is planning to drive the wave of telemedicine across the continent, as the Covid-19 pandemic rages on, is mPharma , a Ghanaian health tech start-up that is set to open 100 virtual centers across seven markets in Africa over the next six months. and Daniel Vasella, ex-CEO and Chairman of Novartis are members of the board.

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AgBiome lands $166M for safer crop protection technology

TechCrunch

The microbes already discovered are used by humans for things like pharmaceuticals, food and agriculture. Other fungicides on the market today require seven days before re-entry and pre-harvest, Uknes explained. It also has a shorter pre-harvest time of four hours after application.

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Outdoor startups see supercharged growth during COVID-19 era

TechCrunch

After years of sustained growth, the pandemic supercharged the outdoor recreation industry. In the pandemic year, consumers spent $887 billion on outdoor recreation according to the Outdoor Industry Association, more than pharmaceuticals and fuel combined. billion market size by 2027, a 6.3% And it’s going to continue to grow.

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Oxyle’s tech uses water movement to remove pollutants

TechCrunch

The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its tech to market. The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits. million since it was founded in 2020.

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