Fermented Cannabinoids Maker Cellibre Closes $11.5M Series A Funding Round, Meet The CEO At Benzinga's Cannabis Capital Conference

CBD-focused cellular agriculture company Cellibre Inc. announced Wednesday that it has raised $11.5 million through an oversubscribed and upsized Series A financing round.

Based in San Diego, the company closed the round, which Merida Capital Holdings led with participation from Cellibre company founders, as well as Scott Gordon, Flatiron Venture Partners, L2V, Entourage Effect Capital and Delta Emerald Ventures.

As companies within the space look to reduce greenhouse gas emissions by making power on-site with renewables and other climate-friendly energy resources, Cellibre's patented technology is poised to reduce the resources required to make cannabinoid-based products by as much …

Full story available on Benzinga.com

More Fermented Cannabinoids Maker Cellibre Closes $11.5M Series A Funding Round, Meet The CEO At Benzinga's Cannabis Capital Conference