Cannabis data platform Braingrid closes $2.6 mln round
Braingrid Corp, a Toronto-based data platform for cannabis growers, has secured close to $2.6 million in its latest financing. The investors in the round included several venture capital firms, among them Quinsam Capital Corp, a Canadian cannabis merchant bank. Launched in 2012 by CEO Michael Kadonoff, Braingrid has developed a sensor system, called Sentroller, that captures real-time data needed by cannabis growers to increase revenue and reduce costs and risks. The company will use the funds raised to expand research, further execute its strategy, and support marketing related to lead generation and customer acquisition.
21 February 2018•3 mins read
