What is Lucid Green?
Lucid Green operates at the intersection of supply chain transparency and consumer engagement, providing a robust suite of tools designed to optimize inventory management and ensure regulatory compliance. Through its core platforms—LucidSource, LucidID, and Lucid Connect—the company facilitates seamless data flow across the product lifecycle. This infrastructure is particularly critical for industries requiring rigorous tracking and verification, such as the legal cannabis and traditional agriculture sectors. By empowering brands and retailers with actionable insights, Lucid Green effectively bridges the gap between complex backend logistics and the end-consumer experience, fostering trust and operational excellence in increasingly fragmented global markets.
How much funding has Lucid Green raised?
Lucid Green has raised a total of $14.6M across 4 funding rounds:
Debt
$114K
Other Financing Round
$3.1M
Series A
$10M
Other Financing Round
$1.4M
Debt (2021): $114K with participation from PPP
Other Financing Round (2021): $3.1M led by FGCP, Halley Venture Partners, Silverleaf Venture Partners, and Bravos Capital
Series A (2022): $10M supported by Gron Ventures and Gotham Green Partners
Other Financing Round (2024): $1.4M, investors not publicly disclosed
Key Investors in Lucid Green
Halley Venture Partners
A venture capital firm established in 2017, dedicated to investing in elite companies within the legal cannabis, hemp, and traditional agriculture sectors.
Silverleaf Venture Partners
A venture capital and growth equity investment manager specializing in distressed real estate, legal cannabis, emerging technology, and life sciences.
Bravos Capital
A private investment firm focusing on equity investments in businesses with significant growth potential, particularly in the business services, technology, and consumer sectors.
What's next for Lucid Green?
With the support of its latest financing, Lucid Green is well-positioned to accelerate its market penetration and enhance its technological capabilities. The company's strategic roadmap likely involves scaling its platform architecture to accommodate larger enterprise clients while deepening its footprint in sectors where product traceability is a regulatory mandate. As the firm transitions from its earlier growth phases into a more mature enterprise-level entity, the focus will shift toward expanding its ecosystem of partners and refining its data analytics offerings to maintain a competitive edge in the rapidly evolving supply chain management landscape.
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