Pre-Roll Infusion Robots Company, Led By Ex NASA-JPL Engineer, Secures $2M In Debt Financing

A provider of industrial automation solutions for the cannabis industry, Sorting Robotics, secured $2 million in debt financing from investment groups Kiso Capital and Prospeq. This funding will support the Los Angeles-based company's growth and expansion efforts across the cannabis industry’s value chain.

The debt financing, which consists of $2 million in growth capital, will be allocated towards bolstering inventory to meet the increasing demand for the company’s automation solutions and enhancing the company’s working capital to further accelerate sales and market penetration.

“The debt financing is crucial for Sorting Robotics, providing essential capital that drives our innovation without diluting ownership,” stated Nohtal Partansky, co-founder and CEO of Sorting Robotics and former NASA Jet Propulsion Lab engineer. “It’s a strategic move that ensures our growth and enables continuous technological advancements to meet market needs.”

See Also: NASA Precision Meets Cannabis ROI: Pre-Rolled Infusion Robots Revolutionizing Industry Cost Strategies

Sorting Robotics is known for its automation solutions such as Jiko, the cannabis industry’s first pre-roll infusion robot, Jiko+, a donut-style pre-roll infusion robot, Omni, a desktop vape-cartridge filling machine, and Mayweather, an automated pick & pack robotic arm. Each solution is designed and engineered to streamline processes and improve efficiencies for cannabis operators. The company’s commitment to advancing technological solutions has played a pivotal role in its success, and this latest funding round is set to provide a significant boost to its capabilities.

“Sorting Robotics is an innovative company that has a fantastic opportunity to provide products that can change an industry. We are happy to be a part of their journey,” Damon Doe, managing partner at Kiso Capital said in a statement.

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Photo: Courtesy of Elsa Olofsson on Unsplash