Avextra AG

About Avextra AG

Avextra is a German company focused on the development and production of cannabis-based medicines. Their mission is to create high-quality, evidence-based pharmaceutical products by controlling the entire value chain from cultivation in Portugal to GMP-certified manufacturing in Germany, aiming to improve patient outcomes through research and innovation.

Products & Services

Cannabis-based Medicines:Pharmaceutical products derived from medical cannabis, designed to alleviate symptoms and improve patient quality of life, produced under strict quality standards.

Extracts and Dronabinol:Specialized cannabis extracts and Dronabinol formulations for medical use, focusing on consistency and efficacy.

Avextra THC/CBD Quick Test:A testing kit for pharmacists to ensure accurate identification and dosage of THC/CBD content in products.

Specialties

Cannabis-based Medicines Research and Development of Evidence-based Therapies GMP-certified Pharmaceutical Manufacturing Clinical Studies and Real-World Data Analysis Herbal Medicine Expertise (over 75 years of experience)

Funding History

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#	Type	Amount Fields	Date Fields	Investors
1	RT: Follow-on capital raise with Equity instruments and Convertible Loan Notes T: - FT: Follow-on capital raise with Equity instruments and Convertible Loan Notes	A: 21600000 MR: - FA: above EUR 20 million FAN: 21600000	D: 2024-02-07 FD: 2024-02-07	4 investors
2	RT: Convertible Loan Note T: - FT: Convertible Loan Note	A: 18360000 MR: - FA: €17 million FAN: 18360000	D: 2023-03-15 FD: 2023-03-15	3 investors

Follow-on capital raise with Equity instruments and Convertible Loan Notes Latest

2024-02-07

$21.6M

4 investors (Pro only)

Convertible Loan Note 2023-03-15

$18.4M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Avextra AG Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised