Tech Company Financing Transactions
Genetica Funding Round
Genetica closed a $500 thousand Seed financing round on 5/24/2023. Backers included Ensemble Brands and private investors.
Transaction Overview
Company Name
Announced On
5/24/2023
Transaction Type
Venture Equity
Amount
$500,000
Round
Seed
Investors
Ensemble Brands (Lead Investor)
private investors (Lead Investor) (Michael Heller)
Proceeds Purpose
The company intends to use the funds to expand into more dispensaries across the country and other retailers outside of the cannabis industry, like grocery stores and pharmacies.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Undisclosed
Kansas City, MT Undisclosed
USA
Kansas City, MT Undisclosed
USA
Phone
Website
Email Address
Overview
Genetica is home to Flora, Flora is a Neural Dynamic Knowledge System (NDKS). Architecturally defined as a number of Artificial Neural Networks (ANN/NN) nested within a predetermined array of Expert Systems (ES) arranged within a hierarchical structure guided by Flora's proprietary Primary Controller. Essentially, imagine walking into a CVS pharmacy or any Cannabis/CBD store in the country and immediately being directed to the tablet that houses Flora, who will then manage the entire end to end process of identification, collaboration and distribution of the medicine and products. This is all happening while Flora powers the entire decision making process for the retailers, thus controlling the ecosystem!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben York
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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