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Delivery Startup GoPuff Raises $1.15B From SoftBank, Other Investors At $8.9B Valuation: TechCrunch
Tuesday, March 23, 2021 - 1:47pm | 309Philadelphian delivery start-up goPuff raised $1.15 billion in funding at an $8.9 billion valuation, TechCrunch reports. The company had raised $380 million last fall, at a $3.9 billion valuation, followed by the acquisition of West Coast beverage retailer BevMo. goPuff delivers a...
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Healthcare Billing Tech Provider Cedar Cares Valued At $3.2B In Latest Funding Round: Bloomberg
Tuesday, March 9, 2021 - 8:31am | 249Health-care billing technology provider Cedar Cares Inc has reportedly raised $200 million in financing from the latest funding round, valuing it at $3.2 billion, Bloomberg reports. The $200 million investment was led by Tiger Global Management, followed by Andreessen Horowitz,...
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California-Based LoudPack Secures $5M Via Deal With Harborside
Monday, March 8, 2021 - 11:17am | 306Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) has backed up a California-based cannabis company LPF JV, LLC with $5 million. The Oakland, California-based cannabis company completed a strategic investment in Loudpack via a 15% secured convertible note that's due December 2022. In return,...
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GTI Raises Additional $56M Through Share Sale
Tuesday, February 23, 2021 - 11:32am | 315Cannabis consumer packaged goods company Green Thumb Industries Inc. (OTCQX: GTBIF) is getting yet another tranche of financing. After raising some $100 million by selling 3.1 million shares at $32.03 per share earlier this month, the Chicago-based company secured an additional $56 million in...
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Urban-Gro Eyes European Expansion After Raising $62M On Heels Of Nasdaq IPO
Thursday, February 18, 2021 - 11:49am | 269Marijuana grow facility designer Urban-Gro (OTCQX: UGRO) has raised $62 million to boost expansion to the European CEA market. Proceeds will also go toward general corporate purposes, potential investments and acquisitions, and repayment of debt obligations, the Vancouver, British Columbia-based...
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Agrify Poised To Raise An Additional $75M In Financing
Wednesday, February 17, 2021 - 12:05pm | 369Agrify Corp. (NASDAQ: AGFY) has secured roughly $75 million in financing through an underwritten public offering of its shares. The Burlington, Massachusetts-based company opted to sell additional shares of its common stock — more than 5.5 million — at $13.5 per share. The...
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CBD Brand 'Beam' Raises $5M In Series A Funding Round
Tuesday, February 9, 2021 - 12:05pm | 209CBD company and wellness brand Beam has finalized its $5 million Series A funding round led by C2 Ventures. The startup is backed by C2 Ventures, Obvious Ventures, Camwood Capital, and all-star athletes including Danica Patrick, Kevin Hayes and Brooks Laich. Several new investors such as...
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Columbia Care To Raise CA$130M In Deal With Canaccord Genuity
Friday, January 8, 2021 - 11:55am | 330Columbia Care Inc. (OTCQX: CCHWF) intends to raise CA$130 million ($102.5 million) through a bought deal offering. Under the deal with Canaccord Genuity Corp, the New York-based company agreed to sell a portion of its common shares to a syndicate of underwriters. The underwriters opted to...
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TerrAscend Raises $120M Loan
Friday, December 18, 2020 - 2:54pm | 315Cannabis company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported Friday it has secured $120 million in financing through a Senior Secured Term Loan with a syndicate of lenders. The closed loan is secured by Ilera Healthcare, a Pennsylvania-based subsidiary of the Mississauga, Ontario-...
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Emerald Health Pharmaceuticals To Raise $17M Via New Reg A+ Round
Thursday, December 3, 2020 - 5:38pm | 323Emerald Health Pharmaceuticals Inc. (EHP) is launching a new financing round under its Regulation A offering. The round will open on Monday, Dec. 7, and expire on Mar. 28, 2021, or upon raising roughly $17 million, which is the maximum amount to be raised, the Sand Diego biotech company said....
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Auxly Secures $12M In Financing
Tuesday, November 24, 2020 - 2:48pm | 315Auxly Cannabis Group Inc. (TSXV: XLY) (OTCQX: CBWTF) has secured $12 million in financing. The Toronto-based company confirmed Tuesday it has upsized the previously announced bought-deal offering of its units to 40 million units at 30 cents per unit. Each unit includes one of Auxly's...
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Robinhood Considers Bringing Back User Trading Data
Thursday, October 15, 2020 - 3:00pm | 587Popular trading platform Robinhood is considering making its customer trading data public after shutting it down two months ago. What Happened: Bloomberg reports that Robinhood is deciding whether to make its user trading data public again. “We’re looking into it,” co-founder...
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Chan Zuckerberg Initiative Backs Drug Decriminalization In Oregon With $500K
Monday, October 5, 2020 - 1:27pm | 319Facebook Inc. (NASDAQ: FB) chief executive Mark Zuckerberg and his wife Priscilla Chan backed a campaign poised to decriminalize all drugs in Oregon. According to the Marijuana Moment, the Chan Zuckerberg Initiative Advocacy donated $500,000, which accounts for a third of...
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Scotts Miracle-Gro Launches $50M VC Fund For Early-Stage Firms Investments
Monday, June 29, 2020 - 3:46pm | 275Lawn and garden care company Scotts Miracle-Gro (NYSE: SMG) (FRA: SCQA) is launching a $50 million venture capital fund. The company recently announced the creation of 1868 Ventures. The goal is to invest in early-stage companies that align with its business model and...
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Alphabet Self-Driving Subsidiary Waymo Raises $2.25B In First External Funding
Monday, March 2, 2020 - 11:03pm | 484Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Waymo has raised $2.25 billion in its first external investment round, it announced Monday. What Happened The startup developing self-driving technology said that the funding round was led by Silver Lake, Canada Pension Plan Investment Board,...