SmartKem

About

SmartKem develops a semiconductor platform that enables a new generation of displays, sensors, and logic.

Manchester,Manchester,United Kingdom
1 - 10

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $2M
Industries: Electronics,Manufacturing,Semiconductor
Founded date: Jan 1, 2008
Number Of Employee: 1 - 10
Operating Status: Active
Stock Symbol: otcqb:SMTK
Legal Name: SmartKem, Inc.

SmartKem develops a semiconductor platform that enables a new generation of displays, sensors, and logic. Its patented TRUFLEX® inks are solution deposited at a low temperature, on low-cost substrates to make organic thin-film transistor (OTFT) circuits.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$26.60M €4.85M

SmartKem has raised a total of $26.60M €4.85M in funding over 2 rounds. Their latest funding was raised on Jan 27, 2022 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 27, 2022	Post-IPO Equity	$2M	1	Octopus Ventures	—	Detail
Feb 24, 2021	Series Unknown	$24.60M	—	—	—	Detail
Feb 24, 2021	IPO	—	—	—	—	Detail
Sep 1, 2016	Grant	€1.85M	1	EASME - EU Executive Agency for SMEs	—	Detail
Aug 13, 2014	Series A	€3M	3	BASF Venture Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

5

SmartKem is funded by 5 investors. Octopus Ventures and EASME - EU Executive Agency for SMEs are the most recent investors.

Investor Name	Lead Investor	Funding Round
Octopus Ventures	Yes	Post-IPO Equity
EASME - EU Executive Agency for SMEs	Yes	Grant
BASF Venture Capital	Yes	Series A
Entrepreneurs Fund	—	Series A
Porton Group	—	Series Unknown