Xtraction Services, a Los Angeles, CA-based cannabis extraction company, raised £5m in funding.
Archytas Ventures, LLC, made the investment.
With the investment, XS has launched a first-of-its-kind “Extraction–as-a-Service” offering and has significantly expanded machine production.
Designed by thermal dynamics engineer, Dr. Dwayne Dundore, XS provides automated CO2 extraction machines with on-site staffing at no upfront cost created specifically for cannabis. XS machine configurations can extract up to 3,000 lbs. of feedstock daily, and are essential for companies who want to rapidly expand.
The company also offers trained professionals to oversee, manage, and operate the entire extraction process.