# SOMAÍ: Pharmaceuticals, Lisbon, Portugal

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

Source: https://millionrounds.com/startup/soma-7 (Millionrounds; every figure on the page links to its filing or article)

Portugal · [Pharmaceuticals startup](https://millionrounds.com/companies)

# SOMAÍ

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

Email

Funding reported Last round: Series B

Pharmaceuticals Lisbon, Portugal

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Company summary

- **Founded:** 2019 7 years old
- **Team:** 63 51 to 200 people
- **Funding reported:** 37.7M as listed, currency not stated
- **Last round:** Series B Jul 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for SOMAÍ has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **37.7M** in the source's currency

Rounds **5**

Last round **Series B**

Last round size **5.5M**

Last round date **Jul 2024**

Investors listed **1**

## On a portfolio page

Investors who name them

- [Alfin Ventures](https://millionrounds.com/fund/alfin-ventures)

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 care research collaborations cannabis strategic partnerships pharmaceutical-grade medical cannabis extraction medical cannabis quality distribution medical cannabis technology manufacturing medical cannabis industry leadership therapeutic cannabinoid profiles medical cannabis research partnerships medical cannabis cultivation expertise medical cannabis research collaborations full-bud terpene-infused extracts

Built with from their website

Adobe Google Tag Manager Adobe Photoshop Lightroom Excel Impact WordPress.org HREF Lang Tailwind CSS MailChimp Repro Google Workspace

+8 more

CloudFlare Viewport Meta ETQ Reliance QMS webpack Google Meet CloudFlare CDN Priority Hints Google Font API

- **Sector:** Pharmaceuticals
- **Industry code:** NAICS 325411, 325412, SIC 2834
- **Region:** Lisbon
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/soma-pharmaceuticals)

## Pharmaceuticals in Portugal

Startups like it

- [**AceCann** Vendas Novas · founded 2019](https://millionrounds.com/startup/acecann)
- [**Lxbio Pharmaceuticals** Lisbon · founded 2021](https://millionrounds.com/startup/lxbio-pharmaceuticals)
- [**BSIM Therapeutics** Coimbra · founded 2011](https://millionrounds.com/startup/bsim-therapeutics)
- [**INEYE THERAPEUTICS** Coimbra · founded 2017](https://millionrounds.com/startup/ineye-therapeutics)
- [**Bephex** Faro · founded 2021](https://millionrounds.com/startup/bephex)
- [**Piauhy Labs - Medicinal Cannabis** Lisbon · founded 2018](https://millionrounds.com/startup/piauhy-labs-medicinal-cannabis)

## Is this your company?

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