Fundz

CryoMass Announces Non-Dilutive Financing Agreement

PRIVATEJan 30, 2024

Amount Raised

$6 Million

Round Type

Debt Financing

DenverOtherManufacturingBiotechnologyAgriculture and FarmingCannabis

Investors

Crym Co Invest Gp

Description

CryoMass Technologies Inc. today announced that it has reached terms of an agreement with CRYM Co-Invest GP, a company affiliated with CryoMass (''GP'') for a non-dilutive financing arrangement of up to US$6 million. The financing structure provides growth capital to CryoMass while enabling wider deployment of the Company's game-changing processing technology.

Quick answer

Cryomass Technologies raised $6 Million in a Debt Financing round, dated January 30, 2024. Investors: Crym Co Invest Gp. Cryomass Technologies is based in Denver, Colorado, United States.

How much did Cryomass Technologies raise?
Cryomass Technologies raised $6 Million in a Debt Financing round on January 30, 2024.
Who invested in Cryomass Technologies?
Crym Co Invest Gp is named as investors in this round.
What does Cryomass Technologies do?
CryoMass Technologies Inc. develops and licenses cutting-edge equipment and processes to refine harvested cannabis, hemp, and other premium crops.
Where is Cryomass Technologies based and how big is it?
Cryomass Technologies is based in Denver, Colorado, United States.
Who are the decision-makers at Cryomass Technologies?
Fundz holds 1 contact at Cryomass Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Cannabis around the same time

Companies in the same sectors as Cryomass Technologies that raised within 45 days of this round, from Fundz verified event records.

  • HempStreet raised $1M (Seed) on February 2, 2024.
  • Alithea Genomics raised $3.2M (Seed) on March 15, 2024.
  • ASLAN Pharmaceuticals Ltd raised $5M on March 14, 2024.
  • Alithea Genomics raised $2.8M (Seed) on March 14, 2024.
  • Stimcell Energetics Inc. raised $45K (Pre-Seed) on March 11, 2024.
  • Vescent Technologies raised $5M (Seed) on March 7, 2024.

Who to call at Cryomass Technologies, and when

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Company Information

Company

Cryomass Technologies

Location

1001 BANNOCK STREET, SUITE 612

Denver, Colorado, United States

About

CryoMass Technologies Inc. develops and licenses cutting-edge equipment and processes to refine harvested cannabis, hemp, and other premium crops. The company’s patented technology harnesses liquid nitrogen to reduce biomass and then efficiently isolate, collect, and preserve delicate resin glands (trichomes) containing prized compounds like cannabinoids and terpenes.

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Related People

1 contact
Verified contacts28 people are listed at Cryomass Technologies. We don't have their email yet.See plans and pricing
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Cryomass Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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