# TerrAscend funding: rounds and investors

> TerrAscend has raised $22M across 1 round since 2026. Every round with its source.

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

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *TerrAscend*

One round we have observed, with the 0 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cannabis

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$22M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $22M Jun 2026
- **Investors:** 0

See who backed them

## The rounds

- **Jun 2026** Debt **$22M** No investor was named in the report. Source recorded SEC filing: $22M sold

## Also claim to have backed them

This firm lists TerrAscend as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Entourage Effect Capital](https://millionrounds.com/fund/entourage-effect-capital) VC firm Per its own site

## Quick answers about TerrAscend

### How much has TerrAscend raised?

TerrAscend has raised $22M across 1 round since 2026.

### When did TerrAscend last raise?

TerrAscend's most recent round was a Debt of $22M in Jun 2026.

### What was TerrAscend's biggest round?

Its most recent round, $22M in Jun 2026, is also its largest on record.

### What stage is TerrAscend at?

TerrAscend's latest named round is a Debt, in Jun 2026.

### Where is TerrAscend based?

TerrAscend is based in Canada.

## Companies like TerrAscend

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

[**OrganiGram** $53M · Feb 2026](https://millionrounds.com/company/organigram)[**Sol Global Investments** $566K · Jan 2026](https://millionrounds.com/company/sol-global-investments)[**Canopy Growth** $148M · Jan 2026](https://millionrounds.com/company/canopy-growth)[**Christina Lake Cannabis** $1.1M · Oct 2025](https://millionrounds.com/company/christina-lake-cannabis)[**Revive Therapeutics** $66K · Jul 2025](https://millionrounds.com/company/revive-therapeutics)[**TRIP** $40M · Sept 2026](https://millionrounds.com/company/trip)

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