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GaXtracts
About
GaXtracts is a pharmaceutical ingredients company that manufactures and processes products from industrial hemp
- 11 - 50
Highlights
Details
- Last Funding Type
- Series Unknown
- Last Funding Money Raised
- $200K
- Industries
- Advice,Consulting,Manufacturing,Wholesale
- Founded date
- Jan 1, 2019
- Number Of Employee
- 11 - 50
- Operating Status
- Active
GaXtracts is a pharmaceutical ingredients company that manufactures and processes products from industrial hemp.It focuses on the production of CBD and hemp-derived products while producing a medical-grade hand sanitizer since the start of the COVID-19 crisis, helping to fill an urgent market need for hospitals, law enforcement, first responders, and assisted living and home health care businesses. The company partners with farmers, who are experts in cultivation, to purchase their finest organic hemp crops. From there, the company’s pharmaceutical-grade facility takes the plant through an extraction process that removes the CBD molecules and creates a viable essential ingredient for many of today's cutting-edge products.The company is located in Atlanta, Georgia in 2019.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 18, 2020 | Series Unknown | $200K | 1 | — | — | Detail |
| May 18, 2020 | Debt Financing | $1.80M | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Advantage Capital
|
— | Series Unknown |
