About Penguin CBD
Penguin CBD is a company based in New York (United States) founded in 2019. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Penguin CBD offers products and services including CBD Oil, CBD Gummies, CBD Cream, CBD Capsules, and Pet CBD Products. Penguin CBD operates in a competitive market with competitors including Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others.
- Headquarter New York, United States
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Sectors
Healthcare
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Acquired by
& 1 more
(Nov 16, 2023)
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Products & Services of Penguin CBD
Penguin CBD offers a comprehensive portfolio of products and services, including CBD Oil, CBD Gummies, CBD Cream, CBD Capsules, and Pet CBD Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
CBD oil is offered for relaxation and wellness support.
CBD gummies are provided for daily wellness and relaxation.
CBD cream is available for topical recovery and support.
CBD capsules are sold for convenient wellness and recovery.
Pet CBD products are designed for animal wellness support.
Funding Insights of Penguin CBD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Penguin CBD
Penguin CBD has secured backing from 1 investor. Prominent investors backing the company include Verma Farms. 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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Provider of cannabis-derived wellness products to maintain health
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Penguin CBD
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Penguin CBD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Penguin Cbd Comparisons
Competitors of Penguin CBD
Penguin CBD operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cannabis plants are cultivated in greenhouses for wellness product development.
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Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology.
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Cannabis-infused products are developed, manufactured, and distributed for consumers.
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Cannabis-derived nutritional and wellness products are offered online.
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Producer of medical cannabis
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Online marketplace for cannabis products treating various diseases is operated.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Penguin Cbd
Frequently Asked Questions about Penguin CBD
When was Penguin CBD founded?
Penguin CBD was founded in 2019.
Where is Penguin CBD located?
Penguin CBD is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Penguin CBD do?
Penguin CBD is focused on providing high-quality CBD products, including oils, gummies, creams, capsules, and pet care items. The company sources its hemp from Oregon, emphasizing organic and pesticide-free cultivation. Products are lab-tested and aimed at supporting relaxation, sleep, recovery, and everyday wellness for both humans and pets. The brand operates in the health and wellness sector, offering subscription services for regular delivery.
Who are the top competitors of Penguin CBD?
Penguin CBD's top competitors include Vireo Health, Alphargreen Group Limited and Demetrix.
What products or services does Penguin CBD offer?
Penguin CBD offers CBD Oil, CBD Gummies, CBD Cream, CBD Capsules, and Pet CBD Products.
Who are Penguin CBD's investors?
Penguin CBD has 1 investor. Key investors include Verma Farms.