Los Angeles-based Sorting Robotics, which provides industrial automation solutions for the cannabis industry, has secured $2 million in debt financing from investment groups Kiso Capital and Prospeq.
This investment will support Sorting Robotics’ ongoing growth and expansion efforts across the cannabis industry’s value chain. It will be allocated towards bolstering inventory to meet the increasing demand for Sorting Robotics automation solutions and enhancing the company’s working capital to further accelerate sales and market penetration.
Custom robots for cannabis
Nohtal Partansky, a serial entrepreneur and ex-NASA-JPL engineer, teamed up with fellow co-founders Cassio Santos and Sean Lawlor in 2020 to create Sorting Robotics. The company is building innovative equipment for cannabis manufacturers and vertically integrated brands.
While building Sorting Robotics, he witnessed firsthand how the lack of automation in the cannabis industry disrupts the value chain and erodes profit margins. Today, Sorting Robotics is working to solve those problems with AI-driven machines deployed across North America.
Specialising in robotics, computer vision, and AI technologies, Sorting Robotics helps break through the toughest bottlenecks of cannabis brands and processors utilising a combination of real-time production data analytics and modern IoT hardware. This proprietary technology has been engineered to help manufacturers and processors grow and scale their operations efficiently, effectively, and profitably.
What does Sorting Robotics offer?
Sorting Robotics offers industry-leading 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 and pack robotic arm. Each solution is designed and engineered to streamline processes and improve efficiencies for cannabis operators.
“The debt financing is crucial for Sorting Robotics, providing essential capital that drives our innovation without diluting ownership. It’s a strategic move that ensures our growth and enables continuous technological advancements to meet market needs,” stated Nohtal Partansky, Co-Founder and CEO of Sorting Robotics.
“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,” said Damon Doe, Managing Partner at KISO Capital.
