Tag : Raises
Jointly, the cannabis wellness company, announced today that it has completed a $5 million round of seed funding to deliver on its goal of helping people discover the benefits of purposeful cannabis consumption. This first round of outside financing was raised via the sale of convertible promissory notes to private investors. The......
SuperNet Raises Series A to Fund 2022 Cannabis Credit Card Launch
SuperNet, the only payment network that officially accepts and grants permission to process transactions from cannabis merchants, closed on financing an undisclosed amount in their series A aimed at helping launch their credit card in 2022. “We’ve received an overwhelming amount of support from investors during this funding round, which......
California Cannabis Startup Radiant Canna Raises $6M, Targets Multi-State Expansion
Radiant Canna, California’s leading provider of cannabis manufacturing, distribution and tech solutions to independent brands, announced today that it closed a $6M Seed Round investment. CEO and Co-Founder Aaron Selverston said in making the announcement, “Our round was oversubscribed, which is a powerful testament to the company we’re building. Our investors and customers understand that our......
C3 Industries Raises $25M in Upsized and Oversubscribed Equity Raise
C3 Industries (“C3”), a multi-state, vertically integrated cannabis company, announced the close of its substantially oversubscribed $25 million capital raise led by existing investor Madison Square Park Capital. Current investor Welcan Capital and new institutional investor Navy Capital, among others, also participated in the round. C3 previously closed $40+ million of capital......
Kadenwood Raises $50M to Accelerate Leadership Position in Shaping CBD Into Mainstream Wellness Category
Kadenwood, a leading plant-based wellness company dedicated to fostering consumer trust and transparency, has raised $50 million of cash and media value in a Series B fundraising round with global purpose-led investment house The Craftory and Arcadian Capital Management, and follow-on investments from existing investors. Already the largest U.S. supplier of vertically-integrated CBD consumer packaged......
Würk Raises $3.5M in Oversubscribed Series AA Funding
Würk, the first and leading Human Capital Management (HCM) company for the cannabis industry, announced the successful close of its substantially oversubscribed $3.5 million Series AA round of financing, completed entirely by existing investors. The round was led by Wurk Investment Partnership with participation from Poseidon Asset Management, Salveo Capital and The......
BLAZE Raises $8 Million in Series A Funding
BLAZE, the fast growing, industry-leading enterprise resource planning and point of sale platform for legal cannabis, recently closed its Series A funding round at $8 million. The round was led by Delta Emerald Ventures with participation from returning investor Act One Ventures and new investor SOJE Capital. The new funding will......
Digital Payments Platform AeroPay Raises $5+ Million Venture Round Led by Chicago Ventures Amid Rapid Growth
AeroPay, a Chicago-based digital payments platform powering bank transfer payments for businesses, announced today the closing of a $5+ million Venture Round. The round was led by Chicago Ventures, a firm that leads investments in early-stage startups. The Chicago Ventures portfolio includes online financial services company M1 Finance, celebrity video-sharing website Cameo,......
Headset Raises $3.2M to Expand Its Leading Data Platform Into New Markets
Headset, the leading provider of data and analytics to the cannabis industry, announced today it has raised $3.2 million in a bridge round from existing investors, led by Canopy Rivers with participation from Poseidon Asset Management and others. The additional funding will be used to accelerate entry into new markets and expand......
Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield
Berbix, an instant identity verification platform founded by former Airbnb Trust and Safety team members, today announced a $9 million Series A round of financing led by Mayfield, with participation from existing investors including Initialized Capital, Y Combinator and Fika Ventures. Patrick Salyer, Mayfield partner, joins the board, with the capital being earmarked......