About Nimbus Health
Nimbus Health is a company based in Offenbach (Germany) founded in 2018 was acquired by Dr. Reddy's Laboratories in February 2022. It operates as a HealthTech, and Direct-to-Consumer (D2C). Nimbus Health offers products and services including Cannabis as Medicine and THC/CBD Kombi-Test. Nimbus Health operates in a competitive market with competitors including Neurogold and Cannopharma, among others.
- Headquarter Offenbach, Germany
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Nimbus Health Gmbh
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Dr. Reddy's Laboratories
(Feb 03, 2022)
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Products & Services of Nimbus Health
Nimbus Health offers a comprehensive portfolio of products and services, including Cannabis as Medicine and THC/CBD Kombi-Test. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Medical cannabis products are supplied for therapeutic use.
Testing kits for THC and CBD are provided.
Funding Insights of Nimbus Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nimbus Health
Nimbus Health has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dr. Reddy's Laboratories. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Innovative medicines are developed and manufactured globally by the company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Nimbus Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nimbus Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nimbus Health Comparisons
Competitors of Nimbus Health
Nimbus Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Neurogold and Cannopharma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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CBD drops and oil products are produced and supplied.
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Operates a direct-to-consumer brand for medical cannabis products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nimbus Health
Frequently Asked Questions about Nimbus Health
When was Nimbus Health founded?
Nimbus Health was founded in 2018.
Where is Nimbus Health located?
Nimbus Health is headquartered in Offenbach, Germany. It is registered at Offenbach, Hessen, Germany.
What does Nimbus Health do?
Nimbus Health is involved in the distribution of medical cannabis products, including dried cannabis flowers and extracts, to pharmacies across Germany. The company operates within the healthcare sector, focusing on cannabinoid-based medicines since the legalization of cannabis as medicine in 2017. Solutions are provided for pharmacists, including rapid delivery within 24 hours, product availability checks, and support for prescription processing. Comprehensive guidance on storage, testing, and preparation of cannabis-based treatments is also offered to ensure compliance with legal and quality standards.
Who are the top competitors of Nimbus Health?
Nimbus Health's top competitors include Neurogold and Cannopharma.
What products or services does Nimbus Health offer?
Nimbus Health offers Cannabis as Medicine and THC/CBD Kombi-Test.
Who are Nimbus Health's investors?
Nimbus Health has 1 investor. Key investors include Dr. Reddy's Laboratories.