- Raised $5M funding round, Jun 2019
- Raised $250k funding round, Jan 2019
About
Cannova is developing an alternative method for cannabis consumption in the form of a sublingual strip. The sublingual strips are infused with cannabis molecules that are produced using a patent-protected process involving the combination of various formulations with water-soluble cannabinoids and natural active ingredients. The sublingual strip allows producers to more effectively control dosage quantities and significantly increases the effect of the cannabis, allowing it to be used for a variety of purposes including pain management, concentration, as an antidepressant, and to support better sleep.
Additionally, Cannova is developing the NovaJet Pro (“NovaJet”), an innovative, counter-top machine that enables clients to create customized film strips at the convenience of their homes, in real time. With the NovaJet, clients will be able to receive accurate and tailored sublingual strips with specific measured quantities of cannabinoids and other natural substances, customized to their unique demand
Funding history · 2 rounds · $5.3M total
Q&A
- What is Cannova Medical's primary focus?
- Cannova Medical is developing a bio-delivery system for cannabinoids and natural active ingredients, specifically in the form of sublingual strips.
- What is the current status of Cannova Medical?
- Cannova Medical is currently inactive, having ceased operations in December 2020.
- When was Cannova Medical founded?
- Cannova Medical was founded in January 2019.
- How much total funding has Cannova Medical raised?
- Cannova Medical has raised a total of $5,250,000 USD.
- Which investors participated in Cannova Medical's funding rounds?
- Cannova Medical received investments from Biosphere Capital Ventures and Nabis Holdings.
- What is the employee count for Cannova Medical?
- Cannova Medical has an employee count in the 1-10 range.
- What is the NovaJet Pro being developed by Cannova Medical?
- The NovaJet Pro is an innovative, counter-top machine that enables clients to create customized film strips at home, providing accurate and tailored sublingual strips with specific quantities of cannabinoids and other natural substances.
- What is Cannova Medical's primary sector?
- Cannova Medical's primary sector is Health Tech & Life Sciences.
Sectors & technology
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Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/cannova-medical |
Identifiers & details
| Founded | 2019-1 |
|---|---|
| Employees (exact) | 3 |
| Status reason | Non Active, Dec 2020 ceased to operate |