What is Ecofibre?
Ecofibre operates as a key provider of hemp-derived products across the United States and Australia. In the U.S., the company focuses on producing nutraceuticals for both human and pet consumption, alongside topical creams and salves, marketed through brands like Ananda Hemp and Ananda Professional. In Australia, Ecofibre leverages locally sourced hemp to manufacture food products, including protein powders, de-hulled hemp seeds, and hemp oil, emphasizing its commitment to domestic supply chains and quality.
How much funding has Ecofibre raised?
Ecofibre has raised a total of $12M across 1 funding round:
Other Financing Round
$12M
Other Financing Round (2017): $12M, investors not publicly disclosed
What's next for Ecofibre?
The substantial enterprise-level funding, including the recent strategic investment, positions Ecofibre for accelerated growth and market penetration. This capital infusion is anticipated to bolster research and development efforts, expand manufacturing capabilities, and enhance distribution networks for both its nutraceutical and food product lines. Strategic partnerships and potential market expansions are likely next steps as Ecofibre aims to capitalize on the growing global demand for high-quality hemp-based goods.
See full Ecofibre company page
