Tech Company Financing Transactions
Letoon Funding Round
Letoon secured a $24.9 million funding round on 11/8/2023. Investors included Nimbus.
Transaction Overview
Company Name
Announced On
11/8/2023
Transaction Type
Venture Equity
Amount
$24,940,000
Round
Undisclosed
Investors
Nimbus (Lead Investor)
Proceeds Purpose
The company intends to use the funds to establish itself as a global leader in the recovery of high value added ingredients from vegetable waste and botanical products for use in the above mentioned industries.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
167-169 Great Portland St
London, England, W1W 5PF
UK
London, England, W1W 5PF
UK
Phone
Website
Email Address
Overview
Letoon Holding has collectively over 50 years of experience in the production of high-quality medicinal oil and active ingredients derived from plant matrices, utilizing innovative ultrasonic technologies in accordance with GMP pharmaceutical quality standards. We are committed to delivering excellent, highly bioavailable products to our customers, harnessing the most innovative technologies available. Our cutting-edge ultrasonic technology enables us to efficiently extract and purify medicinal products from plants without compromising the quality of the final product.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matteo Turi
Co-Founder
Luigi Petrillo
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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