How Much Did 14th Round Raise?
Funding & Key Investors

14th Round has solidified its position as a critical infrastructure provider within the cannabis sector, securing a total capital infusion of $1.1M. This trajectory of financial backing, punctuated by a recent strategic investment of $726K, underscores the firm's capacity to leverage debt financing to fuel its expansive operational footprint. By maintaining a presence across Los Angeles, Shenzhen, and Dongguan, the company effectively bridges the gap between high-level product design and large-scale manufacturing, positioning itself as a vital partner for brands seeking to navigate the complexities of the modern cannabis market.

What is 14th Round?

14th Round
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Operating at the intersection of industrial design and advanced manufacturing, 14th Round serves as a specialized technology partner for the cannabis industry. The company provides end-to-end solutions that enable brands to innovate their product offerings while maintaining rigorous quality standards at scale. By integrating operations across key global hubs, 14th Round manages the entire lifecycle of hardware development, from initial conceptualization in the United States to high-volume production in China. This unique operational model allows the firm to mitigate supply chain risks while providing its clients with the agility required to compete in a rapidly evolving regulatory and consumer landscape.

How much funding has 14th Round raised?

14th Round has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$726K

Debt (2020): $350K with participation from PPP

Debt (2021): $726K led by PPP

Key Investors in 14th Round

PPP

Public-Private Partnership

What's next for 14th Round?

With the recent influx of capital, 14th Round is well-positioned to deepen its investment in research and development, further refining its manufacturing capabilities to meet the increasing demand for sophisticated cannabis hardware. The company is expected to focus on optimizing its cross-continental supply chain, ensuring that its enterprise partners can scale operations without compromising on product integrity. As the cannabis market matures, 14th Round's strategic focus on technological enablement and operational excellence will likely serve as a primary driver for its continued growth, allowing the firm to capture additional market share while setting new benchmarks for hardware innovation in the sector.

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Frequently Asked Questions Regarding 14th Round Financial Insights

What are the most recent funding rounds that 14th Round has completed, and what were the funding rounds?
14th Round has recently completed 2 funding rounds: Debt on Jan 31, 2021, Debt on Apr 10, 2020.
What is the total amount of funding 14th Round has raised to date?
14th Round has raised a total of $1.1M in funding to date.
How many funding rounds has 14th Round completed?
14th Round has completed 2 funding rounds.
How much funding did 14th Round raise in its most recent funding round?
14th Round raised $726K in its most recent funding round.
Who are the lead investors in 14th Round's latest funding round?
The lead investor in 14th Round's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 14th Round's history?
The largest funding round in 14th Round's history was $726K.
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