Salveo Capital

Salveo Capital is a Chicago-based private investment fund established in 2017, uniquely dedicated to the legalized cannabis industry. They position themselves as a leading institutional capital provider in this burgeoning sector, focusing on both plant-touching and ancillary businesses across the cannabis value chain. Their investment thesis centers on identifying and scaling companies poised for significant growth within the rapidly evolving regulatory landscape of the cannabis market.

The firm primarily targets growth-stage companies, providing capital for expansion, market penetration, and product development. Salveo Capital's approach extends beyond mere capital injection; they aim to leverage their deep industry expertise and network to support portfolio companies in navigating the complex legal, operational, and financial challenges inherent in the cannabis space. They seek out businesses with strong management teams, proven business models, and significant potential for market leadership.

Salveo Capital has raised multiple funds to support its investment activities. For instance, their first fund, Salveo Capital Fund I, reportedly closed with approximately $25 million. Building on this success, they subsequently launched Salveo Capital Fund II, which aimed to raise $50 million to continue their investment strategy. Typically, Salveo Capital's initial cheque sizes range from $1 million to $5 million, though they have participated in larger rounds and provide follow-on funding to support their portfolio companies' continued growth. This flexibility allows them to back promising ventures from various segments of the cannabis ecosystem.

The firm has built a diverse portfolio of companies spanning cultivation, processing, distribution, retail, technology, and consumer brands within the cannabis sector. Their investments reflect a comprehensive view of the industry, from direct cannabis operations to the essential infrastructure and services that support them. Salveo Capital's commitment to the professionalization and mainstream acceptance of the cannabis industry underscores its long-term vision for the sector.