Cirona Labs, a Geneva, NY based premier innovator in cannabinoids and other functional botanical ingredient manufacturing, closed a $1.5m seed funding round.
The round was led by LiDestri Food & Drink, BevSource, and Sweetener Supply.
The company intends to use the funds to further expand research and development, facilities, and team, grow its business reach and build relationships with existing brands.
Led by Hunter Friedland, CEO, Cirona Labs combines technology and years of expertise to create the active ingredients for infused product makers. Using advanced emulsion technology, the team emulsifies oils to make them stable and water compatible. The company’s lab is situated in Cornell University’s Tech Farm Innovation Center in Geneva, NY, where they work closely with some of the top programs in Cornell’s campus, particularly the Hemp Research Program and Emulsion Science Labs.