About Panacea Life Sciences
Panacea Life Sciences is a company based in Golden (United States) founded in 2017 was acquired by Exactus in July 2021.. Panacea Life Sciences has raised $7 million across 1 funding round from investors including 22nd Century and Exactus. The company has 1 employees as of August 31, 2024.
- Headquarter Golden, United States
- Employees 1 as on 31 Aug, 2024
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$4.11 M72.23as on Dec 31, 2024
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Net Profit
$-583.2 K92.72as on Dec 31, 2024
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EBITDA
$-1.42 M62.87as on Dec 31, 2024
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Series A
Dec 17, 2019
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Investors
22nd Century
& 1 more
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Employee Count
1
as on Aug 31, 2024
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Acquired by
Exactus
(Jul 01, 2021)
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Funding Insights of Panacea Life Sciences
Panacea Life Sciences has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in December 2019. 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 1
- Last Round Series A — $7.0M
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First Round
First Round
(17 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series A - Panacea Life Sciences | Valuation | 22nd Century |
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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 Panacea Life Sciences
Panacea Life Sciences has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include 22nd Century and Exactus. 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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Manufacturer of nicotine products
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Founded Year | Domain | Location | |
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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 Panacea Life Sciences
| 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 - Panacea Life Sciences
| 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 |
Panacea Life Sciences Comparisons
Competitors of Panacea Life Sciences
| 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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Latest news on Panacea Life Sciences
Frequently Asked Questions about Panacea Life Sciences
When was Panacea Life Sciences founded?
Panacea Life Sciences was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Panacea Life Sciences located?
Panacea Life Sciences is headquartered in Golden, United States. It is registered at Golden, Colorado, United States.
Who is the current CEO of Panacea Life Sciences?
Leslie Buttorff is the current CEO of Panacea Life Sciences.
Is Panacea Life Sciences a funded company?
Panacea Life Sciences is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Dec 17, 2019.
How many employees does Panacea Life Sciences have?
As of Aug 31, 2024, the latest employee count at Panacea Life Sciences is 1.
What is the annual revenue of Panacea Life Sciences?
Annual revenue of Panacea Life Sciences is $4.11M as on Dec 31, 2024.
What does Panacea Life Sciences do?
Panacea Life Sciences was founded in 2017 and is headquartered in Golden, United States. Operations center on the production of cannabis-derived nutritional products within the health and wellness sector. Manufacturing processes are conducted to develop supplements and related items for consumer use. The company is led by CEO Leslie Buttorff, with activities focused on domestic distribution and compliance with industry regulations.
Who are Panacea Life Sciences's investors?
Panacea Life Sciences has 2 investors. Key investors include 22nd Century, and Exactus.