Sanity Group

PharmaceuticalsSeries BBerlin, Germanysanitygroup.com

Latest round

Series B

Last raised

Sep 2022

Total raised

$109M

Investors

16

About Sanity Group

Sanity Group GmbH specializes in the cannabis sector, aiming to facilitate both medical and recreational cannabis access.HV Capital, Hillcrest Venture Partners, Redalpine, German Media Pool, Cherry Ventures, Atlantic Labs, Casa Verde Capital, Calyx Capital Partners, Navy Capital, TQ Ventures, SOJE Capital, and Bitburger Ventures. Financial terms were not disclosed. Finn Hänsel, the founder, has a background in entrepreneurship, although specific previous ventures are not mentioned. Sanity Group GmbH is a prominent entity in the German cannabis market, primarily offering products and services related to both medical and recreational cannabis use. Their core offerings include licensed dispensaries that provide cannabis products through scientifically monitored pilot projects located in cities like Berlin, Frankfurt, and Hanover. The company's dispensaries focus on regulated distribution and contribute to harm reduction research.Sanity Group generates revenue through sales of cannabis products at its strategically located dispensaries in major urban areas. These transactions occur directly with consumers, allowing on-site purchases of licensed products., bolster their supply chain and product offerings. Revenue streams are diversified, encompassing both medical and recreational cannabis sales, as well as potential collaborations with healthcare entities for research and pilot projects.

Who invested in Sanity Group

16 investors across 5 rounds

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Funding rounds

  1. Series B

    Sep 16, 2022

    Amount

    $38M

    Investors

    Locked

  2. Series A

    Aug 30, 2021

    Amount

    $3.5M

    Investors

    Locked

  3. Series A

    Jun 8, 2021

    Amount

    $44M

    Investors

    Locked

  4. Series A

    Jan 30, 2020

    Amount

    $22M

    Investors

    Locked

  5. Seed

    May 2, 2019

    Amount

    $1.8M

    Investors

    Locked

Questions about Sanity Group

Who invested in Sanity Group?

Sanity Group has 16 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sanity Group raised?

Sanity Group has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Sanity Group last raise money?

Sanity Group's most recent round on record is a Series B, in Sep 2022.

What does Sanity Group do?

Sanity Group GmbH specializes in the cannabis sector, aiming to facilitate both medical and recreational cannabis access.

Where is Sanity Group headquartered?

Sanity Group is headquartered in Berlin, Germany.

Which VCs invest in companies like Sanity Group?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back pharmaceuticals companies at Sanity Group's stage. Their profiles are linked below.

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