NOBL raises £1.3m in Series A funding from Altitude Investment Management, Artemis Growth Partners and Enexis AB.
The Series A round was backed by Altitude Investment Management, Artemis Growth Partners and Enexis AB.
NOBL operates as a global provider of cannabis data, conferences and consulting services. Its portfolio platform encompasses various industry brands and events across the sector.
NOBL has secured £1.3m in a Series A funding round backed by Altitude Investment Management, Artemis Growth Partners and Enexis AB. The capital injection was announced during the Cannabis Conclave event in Davos.
Co-founder Stephen Murphy noted that closing the round with high calibre investors reflects the firm's performance and steady revenue growth. The funds will be directed towards talent and innovation to support operating companies in the cannabis sector.
The company's portfolio includes brands such as Prohibition Partners, NOBL Live, Atalis, Cannabis Europa and European Cannabis Week.
From the founder
"Closing our Series A with the calibre of investors we’ve brought in is indicative of our performance and reputation. We are proven to understand global markets, launch sector leading brands and operate tenacious companies that deliver month on month revenue growth"
Stephen Murphy
Co-Founder at NOBL
Investor perspective
"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."
Michael Goldberg
Partner, Altitude Investment Management
Use of funds
- 01Grow the team
- 02Continue product development