The Kanvas Co. Closes Strategic Funding Round

Kanvas

The Kanvas Co., a Newport, CA-based developer of patented electronic vaporizer technology solutions, raised an undisclosed amount of funding.

The round was led by Btomorrow Ventures, the corporate venturing unit of British American Tobacco (BAT).

Led by CEO Andy Fathollahi, Kanvas is a cannabis and nicotine technology company whose software and hardware platform introduced temperature-controlled dosing technology and heating profiles that accurately deliver vaporizing technology.

The company intends to use the funds to accelerate the research, development, and growth needed to commercialize its proprietary Vapetelligence™ technology platform and further enable scalability of its products, designed to promote device safety in electronic vaporizers and regulated marketplaces globally.

FinSMEs

06/09/2022