The Bloomwell Group is a Frankfurt,Germany-based holding company for medical cannabis companies and potentially for companies in a recreational market. Founded in June 2020, the Company operates three different business: Algae Care, a telemedicine platform with over 100,000+ treatments and 13,000 returning treatments; Ilios Sante, a vape pen brand with a medical focus based on strong sourcing and R&D and Breezy; a lifestyle brand for cannabis. Bloomwell Group is a top 3 operator in Germany when it comes to revenue, size, or volume. Think of Bloomwell Group as more of a tech company rather than a vertically-integrated company as the Company focuses on product development and sourcing.
Niklas Kouparanis brought Cannabis to Germany in 2017; this is his third Cannabis Company. One of the biggest companies in Germany, wholesale platform, telemedicine platform. He previously built two wholesalers in Germany (Cannamedical® Pharma GmbH and Farmako GmbH.
The company raised a $10M Seed led by Measure 8 Venture Partners on October 18, 2021. Voxel Ventures, LA Finance and M4 Capital also participated in the round. Based on inbound interest and excitement around Germany, Bloomwell decided to take money from a new investor, Artemis Growth Investments, by extending their Convertible Note. The Company is currently preparing to go out for their Series A.
