About Terranueva
Terranueva is a publicly listed company based in L'assomption (Canada) founded in 2007 by Francisco Perez, and was acquired by Ax Exploration in October 2018. Production of cannabis products is handled by Terranueva in Canada. Its chief executive, as recorded, is Pierre Ayotte. Its focus areas include Life Sciences, Cannabis CRO Services, CRO and Clinical Trial Supply. Its competitors include FSD Pharma and BIOME.
Company details
Terranueva was founded in 2007 and is based in LAssomption, Canada, where cannabis products are manufactured for the legal market. Operations center on cultivation, processing, and distribution within the cannabis sector. Leadership is provided by CEO Pierre Ayotte and co-founder Francisco Perez. The companys domain, terranueva.ca, supports its online activities.
- Headquarters L'assomption, Canada
- Founders Francisco Perez
- Stage Public
- SectorsHealthcare
- Website terranueva.ca
- Acquired by Ax Exploration (Oct 2018)
- Latest Funding Round$2.9M (USD), Post-IPO
Jul 2022
- InvestorsAx Exploration
& 2 more
- Acquired byAx Exploration
(Oct 2018)
Funding Insights of Terranueva
- Total Rounds 3
- Last Round Post-IPO — $2.9M
- First Round $1.05M
(Mar 2021)
- Investors Count 2
All 3 funding rounds of Terranueva 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 |
|---|---|---|---|---|---|
| Jul 2022 | $2.9M | Post-IPO | – | – | |
| Dec 2021 | $66,667 | Post-IPO | – | – | – |
| Mar 2021 | $1.05M | Post-IPO | – | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in Terranueva
Terranueva has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Ax Exploration, Northstone Power and JeanLuc Landry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Northstone Power is recognized as a leading independent power producer in Alberta. | northstonepower.com | Spruce Grove, Canada | ||
JL JeanLuc Landry | unknown_7942ad2afae74d5c8 | |||
Exploration and mining of metals and minerals deposits are conducted. | 2007 | axeexploration.com | Laval, Canada |
Investor details for Terranueva
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People of Terranueva
2 people are tracked at Terranueva (2 in leadership).
| Name | Role | Group |
|---|---|---|
Francisco Perez | Co-Founder | Leadership |
Pierre Ayotte | CEO | Leadership |
Complete people profiles for Terranueva
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Timeline of Terranueva
5 dated milestones of Terranueva across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Terranueva is founded.
- Exit Acquired by Ax Exploration.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.1M.
- Funding Latest funding round, Post-IPO, of $2.9M.
Competitors of Terranueva
Terranueva has 2 listed competitors in our database. They include FSD Pharma and BIOME.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fsdpharma.com | 2018 | Cobourg, Canada | Cannabis company engaged in cultivation, processing, and manufacturing related activities | |||
| biomegrow.com | 2013 | Toronto, Canada | Online platform for slot gaming with stable servers and daily jackpots |
Detailed competitors of Terranueva
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Top companies in Cannabis Health Tech Ecosystem
2 companies that operate in the same segment as Terranueva (Cannabis Health Tech Ecosystem) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | USD 204.24 M | 960 | ||
Provider of cannabis products, brands, and international business development investments | 2013 | Moncton, New Brunswick, Canada | USD 186.16 M | 898 |
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Related news about Terranueva
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Frequently Asked Questions about Terranueva
Terranueva was founded in 2007 and raised its 1st funding round 14 years after it was founded.
Terranueva is headquartered in L'assomption, Canada. It is registered at L'assomption, Quebec, Canada.
Pierre Ayotte is the CEO of Terranueva, as recorded in our data.
Terranueva was founded in 2007 and is based in LAssomption, Canada, where cannabis products are manufactured for the legal market. Operations center on cultivation, processing, and distribution within the cannabis sector. Leadership is provided by CEO Pierre Ayotte and co-founder Francisco Perez. The companys domain, terranueva.ca, supports its online activities.
Terranueva's top competitors include FSD Pharma and BIOME.
Terranueva has 3 investors. Key investors include Ax Exploration, Northstone Power, and JeanLuc Landry.
Yes. Terranueva was acquired by Ax Exploration in October 2018.