Tech Company Financing Transactions
Plus Products Funding Round
Plus Products, based in Palo Alto, secured $6 million from Navy Capital, Serruya Private Equity and private investors.
Transaction Overview
Company Name
Announced On
4/11/2018
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series B
Investors
Navy Capital (Lead Investor)
Serruya Private Equity (Lead Investor)
Proceeds Purpose
The company intends to use the funds for rapid production capacity expansion, factory automation, working capital, and new product development.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Palo Alto, CA 94020
USA
Palo Alto, CA 94020
USA
Phone
Website
Email Address
Overview
Plus Products is one of the fastest growing cannabis infused products companies in California. Started by a former Facebooker and backed by a fund out of Canada, Plus Products is poised for rapid growth in 2018 when the market turns recreational in California.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jake Heimark
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Where The Data Comes From
We do our best to report on tech company VC transactions. 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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