Cannbit

Medical-grade Cannabis Production

Startup

Cannbit is a Neot HaKikar-based startup in the Health Tech & Life Sciences sector, established in 2017. Medical-grade Cannabis Production. The company has raised a total of $10.93M across 2 funding rounds, currently at the Public stage. Cannbit was founded by Ami Sessler, Yaron Razon, Sharon Adiv. Key investors include Namaste Technologies. The company has 1-10 employees.

With $10.93M in total funding, Cannbit is a Public-stage company operating in Health Tech & Life Sciences. The company follows a B2B business model. Product stage: Released.

$10.93M
Raised
2
Rounds
1
Investors
3
Team
2017
Founded
Sector & Technology
Health Tech & Life SciencesPharma & Medical BiotechnologyMedical Cannabis
At a Glance
Investors
Founders
In the News

7 articles covered by sources including en.globes.co.il, www.calcalistech.com, nocamels.com, www.newswire.ca, www.xn--4dbcyzi5a.com.

en.globes.co.il · Apr 20, 2020
Teva Israel CEO quits to head medical cannabis co Cannbit
Read article ↗
Frequently Asked Questions
What does Cannbit do?

Cannbit specializes in growing medical-grade cannabis using high-tech agriculture to achieve high levels of quality and effectively treat a wide range of illnesses. Cannbit's high-tech greenhouse provides excellent conditions for growing a variety of cannabis strains, with an expected annual yield of over three tons of dried inflorescence. The compound is built by Growing Tec and secured by Team 3, which both comply with the IMC GSP standard. Cannbit is located in Moshav Neot Hakikar in the northern Arava desert and the southern part of the Dead Sea, where the mild winter temperatures provide optimal growing conditions for crops. Cannbit's over 5,500-square-meter greenhouse is in a highly secured 10,000-square-meter compound.

How much funding has Cannbit raised?

Cannbit has raised $10.93M in total funding across 2 rounds. The company is currently at the Public stage. Key investors include Namaste Technologies.

Who founded Cannbit?

Cannbit was founded in 2017 by Ami Sessler (Co-Founder & Chairman of Board), Yaron Razon (Co-Founder & CEO), Sharon Adiv (Co-Founder & Farm Manager).

What sector is Cannbit in?

Cannbit operates in Health Tech & Life Sciences, Pharma & Medical Biotechnology, Medical Cannabis. Target customers: Consumers.

Where is Cannbit located?

Cannbit is based in Neot HaKikar, Israel, Center District,South District.

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