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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. Chibuzo Opara and Adham Yehia, the co-founders of DrugStoc, a tech-based pharmaceutical procurement platform.

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

TechCrunch

billion to spend on sustainability and health-focused biotech. “It Flagship Pioneering raises $1.1

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Nanome raises $3 million to help scientists get up close with molecular structures in VR

TechCrunch

So far, Nanome has worked largely on projects with companies in the food and beverage industry, as well as another to develop more sustainable batteries. But they have plans to use this new funding to expand into pharmaceutical chemistry, synthetic biology, and even education.

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Better Dairy slices into new funding for animal-free cheeses

TechCrunch

While other food tech companies are tackling softer cheeses like mozzarella or whey proteins, Better Daily is targeting hard cheeses, a process that is more complex, in a more sustainable way. It is not just about being animal-free and sustainable, but also delicious. Image Credits: Better Dairy. “We

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

TechCrunch

This, says the company, sees it offer anything from cosmetics to pet food and pharmaceuticals on its platform. However, this was especially difficult to do efficiently and sustainably in small and difficult home market in the Nordics. shareholders that exited to new investors). “We

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

TechCrunch

mPharma also enjoys expertise backing from well experienced professions in the pharmaceutical industry. The African pharmaceutical market is also expected to grow exponentially as the population balloons, thus providing a space for innovation and a market for startups offering mobile health solutions. “If

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Andreessen Horowitz backs Synonym’s bio-manufacturing facilities

TechCrunch

million in new pre-seed capital, Synonym Biotechnologies has begun the development phase for its first productized bio-manufacturing facilities for non-pharmaceutical applications. Armed with $6.3 The company is also channeling the U.S.