GaXtracts

company

About

GaXtracts is a pharmaceutical ingredients company that manufactures and processes products from industrial hemp

  • 11 - 50

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

Number of Funding Rounds
Total Funding Amount
2
$2M
GaXtracts has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on May 18, 2020 from a Series Unknown round.
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

Number of Lead Investors
Number of Investors
1
GaXtracts is funded by 1 investors. Advantage Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Advantage Capital Series Unknown