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§ Private Profile · Toronto, ON, Canada
designs and manufactures vaporization hardware and atomization technology for cannabis extracts for licensed producers and extractors.
Green Tank Technologies designs, develops, and manufactures precision vaporization hardware and atomization technology optimized for cannabis extracts, based in Toronto, Ontario, Canada. The company employs over 100 individuals across North America and overseas, having secured $30.8 million in total funding, including a $16.5 million Series B round in March 2023, and generates approximately $19 million in revenue. Operating on a business-to-business model, it provides custom vaporizer hardware engineered for specific brand formulations to licensed producers, extractors, and prominent vape brands in the US and Canada. Lead investors include Organigram Holdings, Green Acre Capital, Casa Verde Capital, and Argonautic Ventures, with past investment from Snoop Dogg. Green Tank Technologies was founded in 2015 by brothers Corey Koffler and Dustin Koffler.
Green Tank Technologies has raised $30.3M across 3 funding rounds.
Green Tank Technologies has raised $30.3M in total across 3 funding rounds.
Green Tank Technologies has raised $30.3M in total across 3 funding rounds.
Green Tank Technologies's investors include Organigram Holdings, Green Acre Capital, Mark E. Burton, Karan Wadhera, Matt Shalhoub, Alan Gertner, Lorne Gertner.
Green Tank Technologies has raised $30.3M across 3 funding rounds. Most recently, it raised $16.5M Debt / Series B in March 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 31, 2023 | $16.5M Debt Financing | Organigram Holdings | — | Announced |
| Apr 1, 2019 | $10.5M Series A | — | Green Acre Capital, Mark E. Burton | Announced |
| Mar 21, 2018 | $3.3M Seed | Karan Wadhera, Matt Shalhoub | Alan Gertner, Lorne Gertner | Announced |