Cannabis-focused Hypur Ventures launches $500 mln fund

Hypur Ventures, which focuses on the legal cannabis industry, has launched a $500 million fund. Hypur Ventures II plans to invest in private companies with seasoned operators, with investments ranging between $1 million to $25 million.



Hypur Ventures, a leading venture capital fund dedicated to investing in the legal cannabis industry, announced the launch of its new fund, Hypur Ventures II. The fund is managed by Hypur Ventures II GP, LLC whose members have been operating and investing in the legal cannabis industry since 2012.

Leveraging its extensive industry experience, Hypur Ventures II will invest across the complex cannabis and hemp supply chain. The objective of Hypur Ventures II is to strategically enhance value through investments in well-managed, revenue-generating businesses. A portion of the Hypur Ventures II portfolio will focus on mergers, acquisitions and rollup opportunities. Hypur Ventures II plans to invest in private companies with seasoned operators to provide growth and acquisition capital for initiatives at various stages of maturity. Fund investments may range between $1 million to $25 million. The maximum size of Hypur Ventures II will be $500 million.

The Hypur Ventures II team prides itself on its ability to understand the markets from various angles attributable to the collective positioning of its members as operators, investors, and industry thought leaders, providing multiple distinct vantage points from within the ecosystem.

“We are confident that by investing in experienced operators and companies with strong growth and defensible business models, we have an opportunity to unlock value in one of the fastest growing industries in the world today,” says Founder and Managing Director, Christopher Galvin. “With the anticipated opening of the US public markets over the next 18-24 months, we expect to see significant levels of accelerating growth and long-term sustainable sector interest.”

As the industry evolves, Hypur Ventures’ second fund expects to make more investments into the industry’s infrastructure and enterprise technology businesses that support the sector. The firm will also look to qualified international markets for investment opportunities, particularly as more countries in Europe and South America introduce legislation to legalize cannabis.

About Hypur Ventures II
Hypur Ventures II is a venture capital fund dedicated to helping cannabis businesses fuel growth, gain market share, and create long-term value across the industry’s supply chain.