Portugal · Pharmaceuticals startup

SOMAÍ

SOMAÍ is a leading EU-GMP-certified medical cannabis manufacturer based in Lisbon, Portugal, with a corporate headquarters in Dublin, Ireland.

Funding reportedLast round: Series B

PharmaceuticalsLisbon, Portugal

About SOMAÍ

SOMAÍ is a leading EU-GMP-certified medical cannabis manufacturer based in Lisbon, Portugal, with a corporate headquarters in Dublin, Ireland.

Founded in 2020, the company is fully vertically integrated, handling everything from indoor cultivation to manufacturing and global distribution. SOMAÍ aims to create a diverse portfolio of single-strain, full-bud flower extract lines, promoting a healthy lifestyle through natural cannabis medicine. The company specializes in the extraction, research, development, formulation, and distribution of cannabinoid products authorized for the EU GMP pharmaceutical market. Its product range includes oral solutions, inhalation oils, soft gel capsules, and oral gums. SOMAÍ is committed to advancing healthcare with cannabis-based treatments and has formed strategic partnerships, including a significant alliance with Grow Pharma to expand its reach in the UK market. With a dedicated team of approximately 28 employees and an annual revenue of $22.7 million, SOMAÍ is positioned to serve the growing demand for medical cannabis worldwide.

What company datasets say SOMAÍ raised

Funding, as reported

Reported in all37.7Min the source's currency
Rounds5
Last roundSeries B
Last round size5.5M
Last round dateJul 2024
Investors listed1

On a portfolio page

Investors who name them

Each firm lists SOMAÍ on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

health careresearch collaborationscannabisstrategic partnershipspharmaceutical-grademedical cannabis extractionmedical cannabis qualitydistributionmedical cannabis technologymanufacturingmedical cannabis industry leadershiptherapeutic cannabinoid profilesmedical cannabis research partnershipsmedical cannabis cultivation expertisemedical cannabis research collaborationsfull-bud terpene-infused extracts

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Sector
Pharmaceuticals
Industry code
NAICS 325411, 325412, SIC 2834
Region
Lisbon
Full record
Every detail in the company directory

Pharmaceuticals in Portugal

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