Btomorrow Ventures

Btomorrow Ventures (BTV), established in 2019, operates as the corporate venturing unit of British American Tobacco and is based in London, United Kingdom. The firm focuses on investing in sectors that include health and wellness, functional products, science, sustainability, and technology. BTV is committed to collaborating with ambitious entrepreneurs to support their visions, aiming to foster innovation and accelerate growth within these industries. Through its investments, BTV contributes to BAT's broader mission of reducing the health impact of its business and evolving into a consumer-centric multi-category consumer packaged goods company.

Joshua Galpin

Investment Manager

Lukasz Garbowski

Investment Director

George Leivadas

Investment Analyst

Luca Marras

Investment Analyst

Sam Morris

Investment Associate

Juan M. Palacios

Managing Director

Jamie Price

Sustainability Investment Associate

Lexy Prosszer

Investment Principal

Alexandra Prosszer

Investment Principal

Kory Sun

Investment Associate

Past deals in Cannabis

Philter Labs

Series A in 2023
Philter Labs, Inc. is a company based in Encinitas, California, established in 2015, specializing in the design and development of advanced personal filtration solutions aimed at eliminating secondhand vapor and smoke. The company's products include the POCKET, a portable filter designed for vaporizers, and PHLIP, an accessory that attaches a filter to vape pens. Utilizing patented micro-filtration technologies, Philter Labs focuses on removing harmful particulates from exhaled vapor, allowing users to enjoy vaping while minimizing the impact of secondhand emissions. In addition to personal filtration products, the company also engages in the supply of cannabis and nicotine, as well as providing accessories that cater to the needs of both casual and medical users. Products are primarily sold online, making them accessible to a wide range of consumers.

Trait Biosciences

Series A in 2022
Trait Biosciences Inc. is a biotechnology company focused on advancing the hemp and cannabis industry through innovative research and development. Founded in 2017 and headquartered in Vancouver, Canada, with additional offices in Santa Fe and a laboratory in Los Alamos, New Mexico, the company offers a range of products designed to enhance cannabinoid cultivation and product development. Its offerings include Trait Distilled, which produces water-soluble CBD and other cannabinoids; Trait Amplified, which improves natural cannabinoid production and crop yield; Trait Defense, a non-chemical solution for protecting crops against pathogens; Trait Tailored, which allows growers to create specific cannabinoid profiles; and Trait Zero, which regulates genes to produce THC-free hemp. These technologies aim to provide clients with advanced cannabis products that facilitate effective cultivation and treatment of plant diseases.

Open Book Extracts

Series C in 2022
Open Book Extracts is a cGMP certified, vertically integrated grower, processor, and manufacturer of premium plant-based products, focusing on cannabinoid extracts. With a state-of-the-art extraction facility near North Carolina's Research Triangle, the company maintains control over its entire supply chain, allowing for high-quality production and innovative refinement techniques. Open Book Extracts boasts a diverse portfolio of cannabinoid isolates, including CBD, CBG, CBN, CBC, and THCV, all exceeding 99% purity. Its expert team includes Ph.D. chemists and seasoned professionals, ensuring high standards in product development and quality control. The company provides a range of services, including white labeling, private labeling, and contract manufacturing, enabling businesses to customize products according to their brand needs. Additionally, Open Book Extracts has a branch in Hong Kong, offering strategic guidance and support for clients in Asia, further expanding its global reach.

Philter Labs

Series A in 2022
Philter Labs, Inc. is a company based in Encinitas, California, established in 2015, specializing in the design and development of advanced personal filtration solutions aimed at eliminating secondhand vapor and smoke. The company's products include the POCKET, a portable filter designed for vaporizers, and PHLIP, an accessory that attaches a filter to vape pens. Utilizing patented micro-filtration technologies, Philter Labs focuses on removing harmful particulates from exhaled vapor, allowing users to enjoy vaping while minimizing the impact of secondhand emissions. In addition to personal filtration products, the company also engages in the supply of cannabis and nicotine, as well as providing accessories that cater to the needs of both casual and medical users. Products are primarily sold online, making them accessible to a wide range of consumers.

Trait Biosciences

Series A in 2022
Trait Biosciences Inc. is a biotechnology company focused on advancing the hemp and cannabis industry through innovative research and development. Founded in 2017 and headquartered in Vancouver, Canada, with additional offices in Santa Fe and a laboratory in Los Alamos, New Mexico, the company offers a range of products designed to enhance cannabinoid cultivation and product development. Its offerings include Trait Distilled, which produces water-soluble CBD and other cannabinoids; Trait Amplified, which improves natural cannabinoid production and crop yield; Trait Defense, a non-chemical solution for protecting crops against pathogens; Trait Tailored, which allows growers to create specific cannabinoid profiles; and Trait Zero, which regulates genes to produce THC-free hemp. These technologies aim to provide clients with advanced cannabis products that facilitate effective cultivation and treatment of plant diseases.

Cannopeia

Seed Round in 2022
Cannopeia is focused on developing innovative technology to promote the safe and effective use of cannabis. Founded by Bernard Juster in 2019, the company offers devices such as the Smart Vaporizer and Formulation Device, which allow both medical and non-medical users to manage their cannabis consumption effectively. These devices provide users with the ability to control dosage and mix formulations on demand. Additionally, they are equipped with sensors and instruments that collect data on the effects and efficacy of cannabis treatments, functioning as a personal digital cannabis coach for users. Cannopeia's approach aims to enhance the overall experience and safety of cannabis consumption.

Philter Labs

Series A in 2021
Philter Labs, Inc. is a company based in Encinitas, California, established in 2015, specializing in the design and development of advanced personal filtration solutions aimed at eliminating secondhand vapor and smoke. The company's products include the POCKET, a portable filter designed for vaporizers, and PHLIP, an accessory that attaches a filter to vape pens. Utilizing patented micro-filtration technologies, Philter Labs focuses on removing harmful particulates from exhaled vapor, allowing users to enjoy vaping while minimizing the impact of secondhand emissions. In addition to personal filtration products, the company also engages in the supply of cannabis and nicotine, as well as providing accessories that cater to the needs of both casual and medical users. Products are primarily sold online, making them accessible to a wide range of consumers.

Cannopeia

Seed Round in 2021
Cannopeia is focused on developing innovative technology to promote the safe and effective use of cannabis. Founded by Bernard Juster in 2019, the company offers devices such as the Smart Vaporizer and Formulation Device, which allow both medical and non-medical users to manage their cannabis consumption effectively. These devices provide users with the ability to control dosage and mix formulations on demand. Additionally, they are equipped with sensors and instruments that collect data on the effects and efficacy of cannabis treatments, functioning as a personal digital cannabis coach for users. Cannopeia's approach aims to enhance the overall experience and safety of cannabis consumption.

Philter Labs

Series A in 2020
Philter Labs, Inc. is a company based in Encinitas, California, established in 2015, specializing in the design and development of advanced personal filtration solutions aimed at eliminating secondhand vapor and smoke. The company's products include the POCKET, a portable filter designed for vaporizers, and PHLIP, an accessory that attaches a filter to vape pens. Utilizing patented micro-filtration technologies, Philter Labs focuses on removing harmful particulates from exhaled vapor, allowing users to enjoy vaping while minimizing the impact of secondhand emissions. In addition to personal filtration products, the company also engages in the supply of cannabis and nicotine, as well as providing accessories that cater to the needs of both casual and medical users. Products are primarily sold online, making them accessible to a wide range of consumers.

Cannopeia

Series A in 2020
Cannopeia is focused on developing innovative technology to promote the safe and effective use of cannabis. Founded by Bernard Juster in 2019, the company offers devices such as the Smart Vaporizer and Formulation Device, which allow both medical and non-medical users to manage their cannabis consumption effectively. These devices provide users with the ability to control dosage and mix formulations on demand. Additionally, they are equipped with sensors and instruments that collect data on the effects and efficacy of cannabis treatments, functioning as a personal digital cannabis coach for users. Cannopeia's approach aims to enhance the overall experience and safety of cannabis consumption.
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