About Cannaponics
Cannaponics is a Healthcare company based in Perth (Australia) founded in 2019 by Rod Zakostelsky. Medical cannabis products are cultivated and produced in Australia. Cannaponics has raised $5.66 million across 2 funding rounds. Cannaponics offers products and services including Medicinal Cannabis Products and Renewable Energy Solutions. Its focus areas include HealthTech, Cannabis HealthTech, Cannabis Farming and Indoor Farming. Its legal entity is CANNAPONICS LIMITED.
Company details
Cannaponics was established in 2019 in Perth, Australia, within the medical cannabis sector. Cultivation and production of medical cannabis products are conducted by the company. Operations are based in Perth, focusing on the development and supply of cannabis-based medical items. The founder, Rod Zakostelsky, leads the initiative. Activities are centered on compliant production for therapeutic applications in the Australian market.
- Headquarters Perth, Australia
- Founders Rod Zakostelsky
- SectorsHealthcare
- Website cannaponics.com.au
- Social LinkedIn Facebook Instagram
- Legal Name Cannaponics Limited
- Total Equity Funding$5.66M (USD)
in 2 rounds
- Latest Funding Round$664.72K (USD), Series A
May 2024
Products & Services of Cannaponics
Cannaponics offers a comprehensive portfolio of products and services, including Medicinal Cannabis Products and Renewable Energy Solutions.
Cultivated cannabis for medical use with sustainable methods.
Provides power for cannabis facility using 100% renewables.
Funding Insights of Cannaponics
Cannaponics has successfully raised a total of $5.66M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $664.72 thousand completed in May 2024. 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 $5.66M
- Total Rounds 2
- Last Round Series A — $664,719
- First Round $5M
(May 2023)
All 2 funding rounds of Cannaponics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $664,719 | Series A | – | – | – |
| May 2023 | $5M | Series A | – | – | – |
People of Cannaponics
1 people are tracked at Cannaponics (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rod Zakostelsky | Founder | Leadership |
Complete people profiles for Cannaponics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Cannaponics
3 dated milestones of Cannaponics across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Cannaponics is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series A, of $665K.
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Frequently Asked Questions about Cannaponics
Cannaponics was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Cannaponics is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Cannaponics is a funded company, having raised a total of $5.66M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on May 2023.
Cannaponics was established in 2019 in Perth, Australia, within the medical cannabis sector. Cultivation and production of medical cannabis products are conducted by the company. Operations are based in Perth, focusing on the development and supply of cannabis-based medical items. The founder, Rod Zakostelsky, leads the initiative. Activities are centered on compliant production for therapeutic applications in the Australian market.
Cannaponics offers Medicinal Cannabis Products and Renewable Energy Solutions.
Cannaponics operates through Cannaponics Limited.