# 1906 funding: rounds and investors

> 1906 has raised $33M across 2 rounds since 2019. Investors include Connecticut Innovations and Navy Capital Holdings. Every round with its source.

Source: https://millionrounds.com/company/1-906 (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *1906*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cannabis

Funding summary Updated 26 Oct 2026

**$33M** raised across 2 rounds since 2019, from 2 sources

**$18M** Round **$15M** Venture

- **Latest round:** Venture, $15M Mar 2022
- **Biggest round:** $18M Round · Oct 2019
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022

**$18M** Round

**$15M** Venture

- **First round:** Round, $18M
- **Biggest round:** $18M
- **Between rounds:** 2.3 years

[**1906** Cannabis 1 / 16 Their pitch deck **1906's pitch deck, 16 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/1906)

## The rounds

- **Mar 2022** Venture **$15M** *1 new* [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Source recorded
- **Oct 2019** Round **$18M** *1 new* [Navy Capital Holdings](https://millionrounds.com/fund/navy-capital-holdings) Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Venture** 2022 [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) [Navy Capital Holdings](https://millionrounds.com/fund/navy-capital-holdings)

## Everyone who backed them

[Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Government **1** round

[Navy Capital Holdings](https://millionrounds.com/fund/navy-capital-holdings) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=1-906).

## Quick answers about 1906

### Who invested in 1906?

1906's investors include Connecticut Innovations and Navy Capital Holdings.

### How much has 1906 raised?

1906 has raised $33M across 2 rounds since 2019.

### When did 1906 last raise?

1906's most recent round was a Venture of $15M in Mar 2022.

### What was 1906's biggest round?

1906's largest round on record is $18M (Undisclosed round), in Oct 2019.

### Who backed 1906 first?

1906's first round on record, in Oct 2019, was backed by Navy Capital Holdings.

### What stage is 1906 at?

1906's latest named round is a Venture, in Mar 2022.

### Where is 1906 based?

1906 is based in the United States.

## Companies like 1906

In the same sector, and raised in the last eighteen months.

[**Cresco Labs** $150M · Jun 2026](https://millionrounds.com/company/cresco-labs)[**Parallel** $146M · Jun 2026](https://millionrounds.com/company/parallel)[**Pax** $480M · May 2026](https://millionrounds.com/company/pax)[**Natuur Brands** $290K · Apr 2026](https://millionrounds.com/company/natuur-brands)[**Nabis** $10M · Jan 2026](https://millionrounds.com/company/nabis)[**Flora Growth Corp.** $401M · Sept 2025](https://millionrounds.com/company/flora-growth-corp)

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