Cana Technology, Inc.

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Cana Technology, Inc. - overview

Established

2018

Location

Redwood City, CA, US

Primary Industry

Consumer Products

About

Based in California, US, and founded in 2018, Cana Technology, Inc. is the provider of a molecular beverage printer that creates beverages more sustainable products. In July 2021, Cana Technology, Inc raised USD 3 million in seed round funding from unspecified investors. The Seed round funding values Cana Technology, Inc at 6.


13 million post-money. Additionally, in January 2022, Cana Technology raised USD 30 million in venture funding led by The Production Board. As of January 2022, the company has 35 employees and is led by CEO, Matt Mahar. The company offers a beverage printer, a smart connected device that can produce an infinite variety of beverages, such as iced coffee, sparkling water, energy drinks, sports drinks, hydration water, sparkling wine, juice, wine, and cocktails by recombining it with water.


Cana Technologies generates revenue by selling the Cana printer device for USD 1,119 and other Add-ons at an additional cost. The company plans to use the 2022 funding for the supply chain, continue technology development, and expects to double its employee headcount to 70.


Current Investors

The Production Board

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics, Other Food Products

Website

www.cana.com

Company Stage

Angel & Seed

Total Amount Raised

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