Overseed Biotech raises €6.7 million in a Series A fundraising to become local manufacturer of 100% medical cannabis medicines
Amount Raised
€6.7 Million
Round Type
Series A
OrléansBiotechnologyCannabisInvestors
Description
Orléans-based Overseed Biotech, specializing in agronomic research and the development of medicines derived from the cannabis plant, has announced a €6.7 million Series A fundraising. The funding will support the company's efforts to become the local manufacturer of 100% medical cannabis medicines, in preparation for the upcoming authorization of medical cannabis in France.
Quick answer
Overseed Biotech raised €6.7 Million in a Series A round, dated July 4, 2024. Investors: UI Investissement and Anthony Bourbon’s Blast.Club. Overseed Biotech is based in Orléans, Loiret, France.
- How much did Overseed Biotech raise?
- Overseed Biotech raised €6.7 Million in a Series A round on July 4, 2024.
- Who invested in Overseed Biotech?
- UI Investissement and Anthony Bourbon’s Blast.Club are named as investors in this round.
- What does Overseed Biotech do?
- Overseed is the first French biotech company to obtain its license from the ANSM to start its R&D process on cannabis production for pharmaceutical purposes.
- Where is Overseed Biotech based and how big is it?
- Overseed Biotech is based in Orléans, Loiret, France.
- Who are the decision-makers at Overseed Biotech?
- Fundz holds 1 contact at Overseed Biotech. 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 Overseed Biotech that raised within 45 days of this round, from Fundz verified event records.
- Savran Technologies raised $425K (Seed) on August 16, 2024.
- MolecuLight raised $12M (Series C) on August 16, 2024.
- Neochord raised $914K (Seed) on August 16, 2024.
- Revolution-ZERO raised $321K (Funding Round) on August 16, 2024.
- Jupiter Endovascular raised $21M (Funding Round) on August 15, 2024.
- Hexarad raised $14M (Funding Round) on August 15, 2024.
Who to call at Overseed Biotech, and when
A new round usually means Overseed Biotech is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Overseed Biotech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Overseed Biotech, from your own LinkedIn network
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Funding Insights
What this usually meansOverseed Biotech 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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