Jim Reid sounds laidback and relaxed when discussing the re-release of The Jesus and Mary Chain’s sixth studio album, Munki. It’s a far cry from the slightly tense interviews of their youth, in which brothers William and Jim Reid often looked like they’d rather be anywhere else on earth than being questioned by the media. You could hardly blame them given some of the generic and uninformed questions they were asked by perma-tanned MTV hosts such as, “So tell me.how did you guys meet?”
it has
raised $30 million via an oversubscribed Series B round co-led by JW Asset Management and Sol Global.
Other participants in the funding round include Entourage Effect Capital, Arcadian Capital Management, K2, Salveo Capital, George Steinbrenner IV and 2 NRP Managers, LLC, an investment group led by Ben Lurie.
Fyllo s $30M Series B: Around 60% of the capital came from outside of the cannabis space, according to Fyllo, revealing the company’s potential to reach other highly regulated industries with its services.
The cannabis tech company plans to use the collected money to double its engineering team, advance activities and sales and speed up the delivery of compliance automation solutions.
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