About Syqe
Syqe is a company based in Tel Aviv (Israel) founded in 2011 by Perry Davidson and Benny Shwartz was acquired by Vectura in July 2023. Syqe has raised $75.67 million across 4 funding rounds from investors including OurCrowd, Philip Morris International and Phillips Medisize. Syqe offers products and services including SyqeAir Inhaler, SyqeAir Cartridge, and Case for SyqeAir Inhaler. Syqe operates in a competitive market with competitors including Kanabo, Dosist, Philter, Resolve Digital Health and Fernway, among others.
- Headquarter Tel Aviv, Israel
- Founders Perry Davidson, Benny Shwartz
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Sectors
Healthcare
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- Legal Name Syqe
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Products & Services of Syqe
Syqe offers a comprehensive portfolio of products and services, including SyqeAir Inhaler, SyqeAir Cartridge, and Case for SyqeAir Inhaler.
Device for precise metered-dose cannabis administration
Cartridges providing cannabis doses for the inhaler
Protective case to store and carry the inhaler
Funding Insights of Syqe
Syqe has successfully raised a total of $75.67M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in December 2018. 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.
Investors in Syqe
Syqe has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, Philip Morris International and Phillips Medisize.
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Private equity investments in Israel are managed by Shavit Capital.
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Multi-category tobacco products, including cigarettes and heated options, are manufactured.
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Martin Bauer is engaged in producing plant-based products for various industries.
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Investor details for Syqe
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Investments & Acquisitions by Syqe
Investment portfolio details for Syqe
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Financial Statements - Syqe
Detailed financials for Syqe
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Syqe Comparisons
Peer comparison for Syqe
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Competitors of Syqe
Syqe 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 Kanabo, Dosist, Philter, Resolve Digital Health and Fernway, among others.
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Cannabis-based medical and consumer products are developed by Kanabo.
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Cannabis strains are sourced and processed for therapeutic products.
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Vapour cigarettes are branded and offered by Philter.
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Smart inhalers and health monitoring devices are developed for wellness.
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Cannabis-based vaporizer cartridges with natural terpenes are provided.
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Detailed competitors of Syqe
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Latest news on Syqe
Complete news archive for Syqe
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Frequently Asked Questions about Syqe
Syqe was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Syqe is headquartered in Tel Aviv, Israel.
Hagit Kamin is the current CEO of Syqe.
Syqe is a funded company, having raised a total of $75.67M across 4 funding rounds to date.
Syqe was established in 2011 in Tel Aviv, Israel, within the medical cannabis sector. An inhalation device called Air is produced to deliver controlled THC doses. Pain reduction is facilitated, psychoactive effects are managed, and daily functioning is supported through this system. Operations center on device development and precise medication administration for therapeutic use.
Syqe offers SyqeAir Inhaler, SyqeAir Cartridge, and Case for SyqeAir Inhaler.
Syqe has 5 investors. Key investors include OurCrowd, Philip Morris International, Phillips Medisize, Shavit Capital, and Martin Bauer.