Tech Company Financing Transactions
Cansativa Group Funding Round
Cansativa Group, operating out of Mörfelden-Walldorf, secured $15 million from Argonautic Ventures and Alluti.
Transaction Overview
Company Name
Announced On
2/28/2022
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Argonautic Ventures (Lead Investor)
Proceeds Purpose
Cansativa intends to use the new funding to expand its medical cannabis product portfolio and build out its recreational cannabis strategy ahead of Germany's proposed legalization.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Hessenring 15i
Mörfelden-Walldorf, 64546
Germany
Mörfelden-Walldorf, 64546
Germany
Phone
Website
Email Address
Overview
Operator of a medicinal cannabis distribution marketplace intended to distribute cannabis products from domestic cultivation to various doctors and pharmacies in Germany. The company's marketplace trades in controlled substances and operates an open platform from import to storage or distribution to pharmacies, including transport management with in-house distribution and fulfillment center, enabling clients to have access to cannabis for medical purposes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benedikt Sons
Founder
Jakob Sons
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