DEMECAN is a medicinal cannabis company focusing on the cultivation, importation and wholesale of medicinal cannabis. The firm has been officially selected to cultivate medicinal cannabis by the German government.
The Company was founded in order to provide patients in Germany with the highest grade of medical cannabis in pharmaceutical quality.
It is headquartered in Berlin, with import and wholesale branches and a separate cultivation facility in Dresden and the surrounding region respectively.
The Company was founded in order to provide patients in Germany with the highest grade of medical cannabis in pharmaceutical quality.
It is headquartered in Berlin, with import and wholesale branches and a separate cultivation facility in Dresden and the surrounding region respectively.
Location: Germany, Saxony, Dresden
Employees: 51-200
Total raised: $7.69M
Founded date: 2017
Investors 5
| Date | Name | Website |
| - | b2venture | b2venture.... |
| - | ARTEFIN | artefin-ve... |
| - | Max Burger | maxburger.... |
| - | Futury Cap... | futurycapi... |
| 17.04.2021 | Futury Ven... | futuryvc.d... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 08.10.2019 | Series A | $7.69M | - |
Mentions in press and media 11
| Date | Title | Description |
| 13.08.2024 | The Green Gold Rush: Demecan's Rise in the European Cannabis Market | The cannabis industry is blooming in Europe, and Demecan is at the forefront of this green revolution. With a recent funding boost, the company is inching closer to a staggering 100 million euros in valuation. This is not just a number; it ... |
| 12.08.2024 | Knime erhält 30 Millionen – PL BioScience sammelt 7,8 Millionen ein – Shoepassion kauft Mybudapester | Im #DealMonitor für den 12. August werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-A... |
| 07.08.2024 | Cannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says | European MarketsCannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says By Sourasis BoseAugust 7, 20247:08 PM UTCUpdated ago Text Small Text Medium Text Large Text Share X Facebook Linkedin Email Link Emp... |
| 09.01.2023 | 16 millionenschwere Investments, die einen Blick wert sind | Ein kurzer Rückblick auf die wichtigsten Investmentrunden im Dezember 2022. Auch im vergangenen Monat konnten einige Startups und Grownups trotz Krisenstimmung wieder große Millionenbeträge einsammeln. Einige dieser Jungunternehmen kennt in... |
| 24.12.2022 | +++ Razor Group +++ Blacklane +++ German Bionic +++ Vimcar +++ Bonify +++ GoStudent +++ Lendis +++ Tomorrow +++ Dropp +++ | Was gibt’s Neues? In unserem #StartupTicker-Wochenrückblick liefern wir einen schnellen Überblick darüber, was in der deutschsprachigen Startup-Szene zuletzt wirklich wichtig war! #StartupTicker – Was zuletzt wirklich wichtig war! STARTUP-R... |
| 19.12.2022 | VMRay sammelt 34 Millionen ein – Demecan bekommt 15 Millionen – Blockbrain sammelt 2,5 Millionen ein | Im #DealMonitor für den 19. Dezember werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor... |
| 12.05.2020 | Jetzt bauen alle nur noch Cannabis an | Das Cannabis-Segment ist und bleibt das Trendthema in der deutschen Startup-Szene. Mit Felix Swoboda, der schon Homebell und Co. startete, setzt nun ein weiterer bekannter Seriengründer auf das Boom-Segment. Zuvor wagten sich schon Movinga-... |
| 07.10.2019 | German tech investor leads Series A for Germany’s first medical cannabis startup | Germany just hit a new milestone in the space where venture capital and the burgeoning cannabis industry meet. Berlin startup Demecan has completed a Series A financing round of €7 million to expand its production facility for medical canna... |
| 07.10.2019 | Daily funding roundup - October 7th, 2019 | PayMongo raised $2.7M; Demecan landed $7.7M; Celigo closed $20M; CityLift picks up $22.5M PayMongo: PayMongo is a fintech startup that helps regional businesses accept online payments from multiple channels. PayMongo has raised $2.7 million... |
| 04.10.2019 | Berlin-based medical cannabis company DEMECAN raises €7 million to expand wholesale trade in Germany | Berlin-based DEMECAN is a producer of medical cannabis, which was only legalised in the country in 2017, and is one of a growing number of European cannabis startups. The startup covers the entire value chain for medical cannabis from culti... |
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