Ghanaian health tech startup mPharma announced Thursday (January 6th) that it has raised $35 million in Series D funding. The round was led by venture capital firm Jam Fund, venture capital firm Unbound. investment, Lux Capital Management and Social Capital, among others.

Backers provided $30 million in equity, while Citigroup approved a $5 million loan for the company. The new funding is intended to continue the expansion of the startup in Africa, but also to deploy an e-commerce platform for pharmaceutical products. The company said it is building a network of community pharmacies across Africa. It plans to be the go-to primary health care service provider for millions of people residing in the region. The startup's Mutti pharmacies are essentially mini-hospitals offering a wide range of services, including medical consultation, diagnostics and telehealth services.