Round Type
Series B
TorontoBiotechnologyCannabisDescription
Greentank Technologies ("Greentank") announced today it has successfully closed a $16.5M USD Series B financing round, inclusive of a $14.5M USD equity investment led by a strategic investor group with 15+ years manufacturing experience and Organigram Holdings Inc., a leading licenced producer of cannabis. An additional $2M USD of debt financing was provided by existing shareholders. Total investment in Greentank to date is now $38.5M USD. This latest round will fuel the commercialization of Greentank's proprietary technology, which is expected to launch later this year and serve multiple markets beyond cannabis.
Quick answer
Greentank Technologies raised an undisclosed amount in a Series B round, dated March 31, 2023. Greentank Technologies is based in Toronto, Ontario, Canada.
- How much did Greentank Technologies raise?
- Greentank Technologies raised an undisclosed amount in a Series B round on March 31, 2023.
- What does Greentank Technologies do?
- Greentank Technologies is a leading R&D firm specializing in electronic vaporization technologies.
- Where is Greentank Technologies based and how big is it?
- Greentank Technologies is based in Toronto, Ontario, Canada. Fundz records about 72 employees.
- Who are the decision-makers at Greentank Technologies?
- Fundz holds 1 contact at Greentank Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Cannabis and Biotechnology around the same time
Companies in the same sectors as Greentank Technologies that raised within 45 days of this round, from Fundz verified event records.
- Lifeist Wellness raised an undisclosed amount (Debt Financing) on April 20, 2023.
- Cryomass Technologies raised $932K (Seed) on April 17, 2023.
- 1606 Corp raised $20M (Funding Round) on February 16, 2023.
- Dualyx raised $43M (Funding Round) on May 15, 2023.
- OMass raised $12M (Funding Round) on May 15, 2023.
- ChomiX raised an undisclosed amount (Funding Round) on May 15, 2023.
Who to call at Greentank Technologies, and when
A new round usually means Greentank Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Greentank Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Greentank Technologies, from your own LinkedIn network
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Funding Insights
What this usually meansGreentank Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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