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Nalu Bio announced it raised $4.81 Million in an initial filing from an offering of $17.1 Million

Nalu Bio announced it raised $4.81 Million in an initial filing from an offering of $17.1 Million

03/03/23, 8:22 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$4.81 million
Industry
biotechnology
Round Type
seed

Company Info

Company
Nalu Bio
Location
san francisco, california, united states
Additional Info
The investment provides Nalu Bio with the resources to expand aggressively and scale to meet global consumer and therapeutic market demand. Nalu Bio will use the funds to accelerate growth and scale production of cannabinoids for consumer products and therapeutics. Nalu Bio is utilizing its patent-pending platform to launch a full suite of cannabinoid ingredients (e.g., CBD, THCV, CBN, CBC, CBG) while continuing to expand its scientific and commercial teams to meet global market demand.About Nalu BioNalu Bio is a biotech company creating a new category of chemistry-based cannabinoids for the consumer and pharmaceutical markets. Nalu Bio has developed a proprietary, flexible chemistry platform that is setting a new industry standard for purity, quality, and sustainability.

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