Ollerhead Capital
120 Adelaide Street West, Suite 2500, Toronto, Ontario, M5H 1T1, Canada
Overview
Ollerhead Capital is a division of Chunkerhead managing a modest portfolio of investments for its own account. It invests in private placements of public and private issuers of equity and debt instruments. The firm may offer capital, as well as relevant advisory services as a merchant banking company. It also actively trades securities of publicly traded companies. Ollerhead Capital is providing mid-market corporate finance advisory services, and principal investing, since 1997.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- XS Financial
Participated · Series B · Jun 2018
Xtraction Services is a Florida-based cannabis extractor machinery company founded by Archytas Ventures. The company designs and supplies extraction equipment for the cannabis industry. It sits in Archytas Ventures’ portfolio alongside Halo Labs and Grow Now Capital Solutions. Financially, Xtraction completed an oversubscribed Series C in November that raised roughly $3.0 million. In June it also closed an oversubscribed Series B that raised $2.8 million. The recent round attracted new global investors from Australia, Hong Kong, Canada and Germany and was led by Archytas Ventures. Xtraction Services (XS) designs and supplies fully automated, industrial-scale CO2 supercritical extraction machines, lab devices, and best-in-industry service to a global network of cannabis and hemp manufacturers. Its proprietary equipment was developed by Dwayne Dundore, Ph.D., a thermal dynamics engineer who has built supercritical installations for clients including the Department of Defense and DARPA. XS positions its machines and processes as reducing waste and improving production yields for vape and consumable companies producing oils and extracts. The company offers turn-key extraction solutions and provides in-house financing to customers to lower barriers to equipment acquisition. With investor support it is able to stock inventory and deploy on-demand equipment with no wait time. XS is a portfolio company of Archytas Ventures and serves customers across the fastest-growing sector of the cannabis industry. Xtraction Services designs and supplies automated CO2 extraction machines created specifically for the cannabis industry. Its machines, designed by thermal dynamics engineer Dr. Dwayne Dundore, can be configured to extract up to 3,000 lbs. of feedstock daily. The company pairs equipment with trained professionals who oversee, manage, and operate the entire extraction process. XS launched a first-of-its-kind "Extraction–as-a-Service" offering, providing on-site staffing at no upfront cost. Following its funding, the company significantly expanded machine production to meet demand for rapid scale-up.
Team
No current team members are available.