Green Point

Company Overview

Snapshot

Founded in September 2019 by Ben Leibusher and Itay Farkash, Green Point operates with 1–10 employees. The company has raised $287K across one funding round from one investor. In January 2021, Green Point's cannabis oil extraction machine startup exceeded its funding goal.

Business overview

Green Point is developing a fully automatic home machine for extracting customized cannabis oil from high-quality capsules. The device integrates with a user-friendly app, offering an open interface for custom blends, mobile automation, and remote extraction monitoring. The company targets both recreational and medical cannabis markets, operating within the Health Tech & Life Sciences sector, specifically focusing on Pharma & Medical Biotechnology and Medical Cannabis.

Strategic signal

In January 2021, Green Point's startup, focused on an Israeli cannabis oil espresso machine, significantly surpassed its funding goal. This event signals strong investor confidence in the company's innovative approach to cannabis oil extraction technology and its potential to disrupt both the medical and recreational cannabis markets with a user-friendly, automated solution.

Company Intelligence Q&A

When was Green Point founded?

Green Point was founded in September 2019.

Who are the founders of Green Point?

Green Point was founded by Ben Leibusher and Itay Farkash.

What is Green Point's primary product?

Green Point is developing a fully automatic home machine designed for extracting customized cannabis oil from high-quality capsules, complemented by a user-friendly mobile application.

What was a significant recent development for Green Point?

In January 2021, Green Point's cannabis oil espresso machine startup exceeded its funding goal, indicating strong market interest and investor confidence.

What is Green Point's total disclosed funding?

Green Point has raised a total of $287K across one funding round. This funding was secured in March 2020 from PipelBiz.