3 years ago

Lyphe Raises £5 Million for European Expansion

  • Lyphe, a London-based medical cannabis ecosystem, secured £5 million in Series A funding led by Leafy Tunnel with participation from Sharp Capital Advisors and HNW investors

  • The company plans to use the funds for expansion across Europe

  • Lyphe provides patient care, medical treatments, and direct-to-patient digital services, boasting over 100 team members working across telehealth, dispensing, and technology services

  • The funding follows a year of significant growth for Lyphe, with revenue increasing over 250% year-over-year.

      • ProblemHealthcare

      "Access to medical cannabis is complex and fragmented for patients in Europe, making it difficult to get the right treatment and support."

      Solution

      "Lyphe is building a digital ecosystem to simplify access to medical cannabis for patients, doctors and the industry. This includes clinics, dispensing, import infrastructure and educational services."

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