Technology

We got an exclusive look at the presentation a cannabis-tech startup used to raise $3. 1 million by convincing investors its software can help farmers grow better pot

Published Oct 15 2020 at 12:00 PM GMT

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Venture funding for cannabis-tech startups that do everything from helping grow better pot to connecting dispensaries with customers has been red-hot in recent weeks.
Trym is the latest cannabis tech startup to raise money, closing a $3.1 million seed round on September 29.
The startup's product helps cultivators optimize cannabis-grow operations as marijuana can be a finicky plant, Trym CEO and cofounder Matt Mayberry told Business Insider.
Trym did not disclose its post-money valuation.
The first $1 million of the round came from friends and family, Mayberry said.