Cannabis & Psychedelics VC Funds

32 Advisors, founded by Robert Wolf in 2012, is a boutique consulting firm with a focus on cross-border business advisory. The firm offers strategic guidance in areas like international market access, trade, project finance, and strategic intelligence. Their unique advisory services target sectors such as infrastructure, exports, and foreign direct investment (FDI), often working with public and private institutions to facilitate cross-border growth. Their investment arm, 32 Ventures, has backed innovative companies across various industries. Notable investments include Measure, a drone intelligence company (acquired by AgEagle), and Illumio, a leader in micro-segmentation cybersecurity. They have also invested in fintech, like Keyno, which revolutionizes credit card security with dynamic CVV codes. With a focus on both U.S. and international markets, 32 Advisors works extensively in regions like Sub-Saharan Africa, facilitating infrastructure and energy projects. Wolf leads a seasoned team, including former government and Wall Street professionals, such as Austan Goolsbee and Kevin Varney, offering clients a wealth of global experience. The firm’s strategic intelligence and public policy expertise further distinguish it from traditional advisory firms. 32 Advisors works closely with high-growth businesses, NGOs, and governments, ensuring tailored solutions that address both strategic and operational challenges.

7thirty Capital is a venture capital firm founded in 2018, headquartered in Boulder, Colorado. The firm specializes in early-stage investments, focusing primarily on sectors such as agricultural technology, retail technology, data and analytics, SaaS, and cannabis-related ventures. Notable investments include companies like Wurk, BDSA, and Lendica. 7thirty Capital employs a disciplined investment strategy that avoids common pitfalls like over-hyped opportunities and concentration risk. The firm operates with a global perspective but maintains a strong emphasis on U.S., Canadian, and Israeli markets. It also maintains a strategic partnership with OurCrowd, enhancing its access to a broader range of private equity deals. Micah Tapman, the managing partner, brings extensive experience from his previous ventures and remains central to the fund's operations. 7thirty's investment approach is characterized by a high-risk, high-reward model, where only a small percentage of investments are expected to succeed, but those that do offer substantial returns.

Babel Ventures is a Silicon Valley-based venture capital firm that focuses on early-stage investments, particularly in biotech and deep tech. The firm aims to support high-impact founders who are tackling some of humanity's most pressing challenges. Since its inception, Babel Ventures has positioned itself as a leader in consumer biotech, backing startups that have the potential to drive significant changes in consumer behavior and systemic improvements. The firm's team, led by Ryan Bethencourt and Ba Minuzzi, among others, is known for its multidisciplinary approach, blending expertise in science, technology, and entrepreneurship. This allows them to partner effectively with revolutionary startups that are pioneering innovative solutions across various sectors. Babel Ventures launched its first fund, Babel Fund I, and continues to develop new funds and special purpose vehicles (SPVs) to support visionary entrepreneurs. Their portfolio includes companies that are making strides in fields like healthcare, sustainability, and consumer products, all underpinned by cutting-edge biotech and deep tech innovations​.

Btomorrow Ventures (BTV) is the corporate venture capital arm of British American Tobacco, established in 2020 and headquartered in London. BTV focuses on building transformative and innovative businesses across sectors such as consumer brands, digital transformation, new technologies, and future sciences, with a strong emphasis on Environmental, Social, and Governance (ESG) criteria. BTV has made notable investments in startups like FlexSea, a UK-based company pioneering sustainable, seaweed-derived bioplastics, and Open Book Extracts, a cannabinoid innovation house in North Carolina. Their portfolio includes diverse companies such as Awake Chocolate in Canada, offering functional caffeinated chocolates, and Hesperos in Florida, known for their Human-on-a-Chip® technology​. The firm typically participates in early to growth-stage funding, with an average check size of $1 million. BTV is known for leading investment rounds and has a keen interest in companies that align with their sustainability and innovation goals. They actively collaborate with their portfolio companies through initiatives like Btomorrow Labs, providing strategic support and global distribution channels. Led by Managing Director Juan Palacios, the BTV team operates primarily from London, offering a blend of financial investment and strategic partnerships to accelerate the growth of ambitious founders and their disruptive technologies.

Cosmic Venture Partners, founded in 2021 and based in New York, is an early-stage venture capital firm. The firm focuses on investing in next-generation startups, particularly those operating in the tech, Web3, and consumer packaged goods (CPG) sectors. Cosmic Venture Partners aims to support innovative platforms, products, and services that have the potential to transform their respective industries. The firm was co-founded by Alexandra Tynion, Brian McNamara, and Matthew Rutler. Alexandra Tynion, who has experience with SeedInvest and Circle Financial, is based in New York City. Brian McNamara, with an MBA from Columbia Business School and a background at Jefferies, operates out of Austin, Texas. Matthew Rutler, an angel investor in over 100 startups and an EVP at MasterClass, is based in Los Angeles. Cosmic Venture Partners has made several notable investments, including GarageXYZ in the automotive sector and Goodles in food products. The firm has also achieved successful exits, such as the buyout of Nue Life and the acquisition of Kangaroo​. The firm's ethos centers on partnering with visionary founders who are not only imagining the future but actively building it. Cosmic Venture Partners provides both capital and strategic support, leveraging their extensive network and industry expertise to help startups scale and succeed.

Emles Venture Partners, founded by seasoned entrepreneurs with successful exits, offers a dynamic approach to venture capital investment. Known for their swift decision-making, Emles provides investment verdicts within 72 hours, ensuring startups can maintain momentum. The firm is distinguished by its diverse portfolio, with 45% of founders being female or from diverse backgrounds, and 55% being international. Emles invests across various industries without sector or geographic constraints, focusing on seed-stage companies and supporting them through their growth stages with follow-on investments in 75% of cases. Notable investments include 1910 Genetics, Shiru, Zeta Surgical, and Arist, each recognized for innovative contributions in their respective fields. Key team members include Gabriel Hammond, a partner with significant experience and two company exits, Emanuel Zareh, and Rachel Deinhart, specializing in venture debt. Emles emphasizes personal capital investment, having committed $25 million to empower founders. Their strategic approach involves offering bridge capital and unique debt offerings to optimize the cost of capital, maximizing founders' equity. Emles is celebrated for its lack of bureaucratic constraints, focusing solely on the best ideas, and supporting founders with operational guidance and strategic insight. Founders praise the firm for its unwavering support and commitment through multiple funding rounds, making Emles a preferred partner for ambitious startups.

Future Food Fund is a Dutch venture capital firm dedicated to driving sustainability within the food and agriculture sector. Established in 2017, the fund focuses on early-stage investments, particularly in companies that are innovating across the food value chain. Their areas of interest include regenerative agriculture, alternative proteins, smart farming, and circular food systems. Future Food Fund seeks to support startups that can address critical environmental challenges and contribute to building a sustainable food ecosystem. Recently, Future Food Fund II, their second impact-driven fund, successfully raised €40 million. Backed by notable partners such as the European Investment Fund (EIF) and regional organizations like Wageningen University & Research, Oost NL, and NOM, the fund aims to accelerate early-stage agritech and food startups across Western Europe. The firm positions itself as more than just a source of capital; it is seen as a catalyst for change, fostering innovation that can mitigate the environmental footprint of current food systems. Their portfolio includes startups such as NoPalm Ingredients and Pectcof, focusing on sustainable ingredient production, and EV Biotech, which works on precision fermentation. With a strong network of partners, Future Food Fund emphasizes collaborative growth, providing both capital and strategic support to ensure startups can scale effectively and deliver impactful solutions​.

H/L Ventures is a New York-based venture capital firm, established in 2009, that focuses on investing in early-stage companies with a commitment to growth, impact, and diversity. The firm operates as a company-building ecosystem, offering hands-on support to founders through its model of "Daily Active Engagement," helping startups overcome common early-stage challenges. H/L Ventures believes that businesses which create positive societal impact are more likely to succeed, and it particularly supports diverse founding teams, with 84% of its portfolio companies being led by underrepresented groups. H/L Ventures invests across a variety of sectors including climate and energy, healthcare, fintech, and the future of work. Recent investments have included companies like Myavana, a digital haircare assistant powered by AI, and Loliware, a seaweed-based biomaterials company focused on replacing single-use plastics. The firm’s portfolio reflects its mission of investing in businesses that provide innovative solutions to pressing global issues, such as sustainability and equity. With over 100 investments made, H/L Ventures manages a portfolio that spans from pre-seed to growth-stage companies. It recently closed its second early-stage fund, CityRock Fund II, raising $24 million to continue its focus on high-impact, diverse startups that address significant global challenges.

Halley Venture Partners, founded in 2017 and based in San Francisco, is a venture capital firm that specializes in investing in the legal cannabis and hemp industries. The firm, led by Managing Director Steve Schuman, focuses on early-stage investments, particularly in technology and medical companies that are driving innovation within the cannabis sector. With a background in public and private equity, Schuman and his team bring significant expertise to their portfolio, which includes companies like Willow Industries, Front Range Biosciences, and PathogenDx. Halley Venture Partners typically invests in Seed, Series A, and Series B rounds, supporting startups that are developing scalable solutions and transformative technologies in the cannabis space. The firm is dedicated to building highly scalable businesses, leveraging deep industry knowledge and a hands-on approach to guide companies through the complexities of the rapidly evolving cannabis market. The team at Halley Venture Partners includes experienced professionals like Aaron Taffet, who brings a strong background in private equity and cannabis operations, and advisors such as Ephraim Lindenbaum and Lauren Fraser, who contribute valuable insights from their extensive experience in venture capital and cannabis distributio.

The Korea Investment Corporation (KIC) is South Korea's sovereign wealth fund, established in 2005 to manage and grow the nation’s foreign reserves. Based in Seoul, KIC operates globally with assets under management totaling $189.4 billion as of 2023. The fund's core mission is to preserve and enhance the purchasing power of South Korea’s sovereign assets through strategic investments across traditional and alternative asset classes. KIC’s investment portfolio is diverse, comprising equities, fixed income, private equity, real estate, infrastructure, and hedge funds. Recently, there has been a notable shift towards increasing allocations in alternative assets, which now make up around 22% of the total portfolio. This strategic move aims to reduce volatility and capture long-term value, reflecting the fund's commitment to adapting to changing global market dynamics. The fund reported an 11.59% return on total assets in 2023, underscoring its effective asset allocation and risk management strategies. Governed by a structured management philosophy, KIC emphasizes long-term investment, risk control, and sustainable growth. The fund also actively engages in initiatives to support South Korea's financial industry, including training programs to develop expertise in international finance. KIC is led by CEO Park Il Young, who, along with a seasoned leadership team, continues to guide the fund towards achieving stable, long-term growth while maintaining a robust global presence.

Navy Capital is a New York-based hedge fund founded in 2014, with a strong focus on the rapidly expanding global cannabis industry. The fund operates through a research-driven, long/short equity strategy, leveraging deep analysis to identify undervalued opportunities primarily within the legal cannabis, cannabis healthtech, and crop tech sectors. Their investment portfolio includes notable startups like Sanity Group, Harborside, and C3 Industries, making Navy Capital a significant player in the cannabis and consumer non-durables spaces. Geographically, Navy Capital concentrates investments predominantly in the U.S., while also backing ventures in Germany and other regions. The fund's average check size typically targets early to mid-stage companies, often participating in Series A and B rounds. However, they remain flexible in their approach, willing to lead or co-invest alongside other firms depending on the opportunity. The team is led by Sean Stiefel, CEO and Founder, and supported by key players like Chetan Gulati, Head of Research. With a background in hedge fund management and macro strategy, the team boasts a combined experience across finance, law, and global equity markets. Navy Capital's proactive approach to investing, combined with a willingness to engage deeply with portfolio companies, helps build strong relationships with founders. Startups looking to connect are encouraged to demonstrate solid fundamentals and long-term growth potential, particularly in regulated industries like cannabis, where Navy Capital thrives.

Phyto Partners is a venture capital firm based in Boca Raton, Florida, focused on the cannabis industry. Since its founding in 2015, the firm has invested in around 30 companies across the cannabis value chain. Their strategy prioritizes ancillary businesses, which provide essential solutions to support licensed operators, such as advertising technology, agricultural innovations, biotechnology, SaaS, and medical dosing technology. Phyto Partners takes an active role beyond just providing capital, offering strategic support, networking, and business development assistance to help their portfolio companies grow. Their investments span various sectors, including branded products, cannabis delivery services, and data analytics. The firm is known for helping companies navigate the highly regulated cannabis market, seeing compliance and technology solutions as key growth areas. In addition to their cannabis focus, Phyto Partners has expanded into brain health and psychedelics with their "Phyto Psyche" fund, recognizing the growing interest in neurowellness and mental health treatments.

CFH Management GmbH, based in Leipzig, Germany, manages the Technologiegründerfonds Sachsen (TGFS), a venture capital fund focused on supporting technology-oriented startups in Saxony. Since its inception in 2008, TGFS has provided both early-stage equity investments and strategic guidance to over 100 startups, particularly in sectors like software, IoT, industrial tech, and healthcare. The fund's goal is to back innovative companies during the seed phase and help them grow into scalable businesses. TGFS typically invests between €100,000 to €1 million in promising startups, with the ability to offer follow-on funding for companies progressing through later stages. The fund is actively involved in mentoring and facilitating connections between startups and industry experts, ensuring that portfolio companies gain both financial backing and operational expertise. Notable portfolio companies include Peeriot and in.hub, which specialize in IoT and industrial automation. Led by experienced managers such as Sören Schuster, who brings over two decades of venture capital experience, TGFS focuses on long-term partnerships. Their team combines deep industry knowledge with hands-on involvement, working closely with founders to help navigate challenges from product development to market entry. TGFS is supported by both private and public institutions, including ERDF funds, reinforcing its role as a key driver of innovation in Saxony’s startup ecosystem. Through its strategic investments, TGFS continues to play a vital role in fostering technological innovation in the region.