UK startup NOBL, a cannabis data, conferences and consulting expert, has today announced the closing of its Series A fundraise and a capital injection of €1.48 million at the Davos conference in Switzerland.
A number of North America and Europe’s leading cannabis investors have partaken in this round including Altitude Investment Management, Artemis Growth Partners and Enexis AB.
NOBL, founded in 2019, is becoming a global leader in cannabis data, media and conferences. Its platform already brings together a portfolio of the leading brands in the industry, including Prohibition Partners, NOBL Live, Atalis, Cannabis Europa and European Cannabis Week. With a leadership group made up from experienced media, tech and event executives, in 2020 it aims to drive forward its mission of unlocking the societal, economic and medical opportunities of cannabis.
Michael Goldberg, Partner at Altitude Investment Management, added: “We have been collaborating with the team at NOBL over the last two years and are pleased to invest in this financing round as NOBL continues to shape the future of global cannabis through knowledge and intelligence with its superior data, insights, and networking opportunities.”
“We will continue to invest in talent and innovation while also enabling our operating companies to make smarter and more effective business decisions that will shape the future of the global cannabis industry in a meaningful and impactful way,” said Murphy.