About C3 Industries
C3 Industries is a company based in Ann Arbor (United States) founded in 2016 by Ankur Rungta and Vishal Rungta.. C3 Industries has raised $89.95 million across 7 funding rounds from investors including NewLake Capital Partners, MSP Capital and WelCan Capital. The company has 214 employees as of December 31, 2022.
- Headquarter Ann Arbor, United States
- Employees 214 as on 31 Dec, 2022
- Founders Ankur Rungta, Vishal Rungta
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$89.95 M (USD)
in 7 rounds
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Latest Funding Round
$5 M (USD), Debt – Conventional
Oct 01, 2025
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Investors
NewLake Capital Partners
& 3 more
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Employee Count
214
as on Dec 31, 2022
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Funding Insights of C3 Industries
C3 Industries has successfully raised a total of $89.95M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(04 Nov 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Debt – Conventional - C3 Industries | Valuation |
investors |
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| May, 2024 | Amount | Series B - C3 Industries | Valuation | NewLake Capital Partners |
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| Sep, 2023 | Amount | Series B - C3 Industries | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in C3 Industries
C3 Industries has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include NewLake Capital Partners, MSP Capital and WelCan Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Investment services are offered by MSP Capital to clients.
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Founded Year | Domain | Location | |
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Manages a long/short equity hedge fund for strategic investment opportunities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by C3 Industries
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - C3 Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
C3 Industries Comparisons
Competitors of C3 Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about C3 Industries
When was C3 Industries founded?
C3 Industries was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is C3 Industries located?
C3 Industries is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Who is the current CEO of C3 Industries?
Ankur Rungta is the current CEO of C3 Industries. They have also founded this company.
Is C3 Industries a funded company?
C3 Industries is a funded company, having raised a total of $89.95M across 7 funding rounds to date. The company's 1st funding round was a Series B of $3.3M, raised on Nov 04, 2019.
How many employees does C3 Industries have?
As of Dec 31, 2022, the latest employee count at C3 Industries is 214.
What does C3 Industries do?
C3 Industries, founded in 2016 in Ann Arbor, United States, focuses on providing healthcare solutions, and cannabis services. Manufacturer of legal medical recreational cannabis products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are C3 Industries's investors?
C3 Industries has 4 investors. Key investors include NewLake Capital Partners, MSP Capital, WelCan Capital, and Navy Capital.