Tech Company Financing Transactions
Open Book Extracts Funding Round
Btomorrow Ventures participated in a $25 million Series C capital raise for Open Book Extracts. The round was recorded on 9/15/2022.
Transaction Overview
Company Name
Announced On
9/15/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors
Btomorrow Ventures (Lead Investor)
Proceeds Purpose
The company will support ongoing research efforts at OBX, including toxicology, safety, and efficacy research on cannabinoid ingredients and finished products, leveraging OBX's broad range of cannabinoids from hemp and natural sources,
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
317 Lucy Garrett Rd
Roxboro, NC 27574
US
Roxboro, NC 27574
US
Phone
Undisclosed
Website
Email Address
Overview
Headquartered in Roxboro, N.C., Open Book Extracts is a cGMP-certified manufacturer of premium plant-based cannabinoid products, aiming to be the industry's true north by delivering premium products, exceptional service, and industry-leading transparency. With control of the entire supply chain, a state-of-the-art extraction campus near North Carolina's Research Triangle, proprietary refinement and conversion methods backed by a growing IP portfolio, and a team of PhD chemists and seasoned business leaders, OBX is the trusted partner for global brands seeking to enter the marketplace. OBX Asia, with its headquarters in Hong Kong, provides strategic guidance and on-the-ground support for our Asia customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Neundorfer
Chief Financial Officer
Oscar Hackett
Chief Information Officer
David Stopher
Chief Operating Officer
Scott Thorn
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