FundedIQ
Agriculture and Farming

Open Book Extracts: Funding, Investors & Team (Sep 2026)

Open Book Extracts is a cGMP certified, vertically integrated grower, processor, and manufacturer of premium plant-based products. With control of the entire supply chain, a state-of-the-art extraction campus near North Carolina’s Research Triangle, proprietary refinement and conversion methods backed by a growing IP portfolio, and a team of Ph.D. chemists and seasoned business leaders, OBX is the trusted partner for global brands seeking to enter the marketplace. OBX Asia, with its headquarters in Hong Kong, provides strategic guidance and on-the-ground support for our Asia customers. OBX’s cGMP-certified productions operations are led by a seasoned science team, including a Ph.D. food scientist from Cornell, a Ph.D. organic chemist from the University of Nevada, and two masters chemists with pharmaceutical backgrounds, including a quality control director who joined OBX after a 15-year career as an analytical chemist at GlaxoSmithKline. OBX offers one of the largest portfolios of cannabinoid isolates at 99%+ purity, including CBD, CBG, CBN, CBC, and THCV, as well as formulation services and turnkey, finished good manufacturing including edibles, soft gels, tablets, tinctures, pet products, and topical products.

openbookextracts.com LinkedIn Roxboro, United States 51-100 employees
AgTech Cannabis Manufacturing B2B
Total raised
$13.5M
Rounds
4
Latest
Undisclosed round
Mar 2024

Open Book Extracts has raised $13.5M across 4 funding rounds on record, the most recent an undisclosed round of $2.0M announced in Mar 2024.

That round is below the $3.3M median round size for Agriculture and Farming companies tracked on FundedIQ over the last two years.

Open Book Extracts Company Profile and Key Stats

Total funding raised
$13.5M
across 4 rounds on record
Funding rounds on record
4
2 with no disclosed amount
Latest funding round
Undisclosed round
$2.0M in Mar 2024
Employees
51-100
reported band
Headquarters
Roxboro, United States

Latest funding round on record: Mar 2024.

Open Book Extracts Funding Rounds

Date
Round
Amount
Undisclosed round
$2.0M
Series C
Undisclosed
Series C
Undisclosed
Undisclosed round
$11.5M

2 of 4 rounds were announced without a disclosed amount and are excluded from the total.

Open Book Extracts raised $11.5M in an undisclosed round announced in Jun 2021.

10 months later, a Series C was announced in Apr 2022 with no disclosed amount.

5 months later, a Series C was announced in Sep 2022 with no disclosed amount.

1.5 years later, an undisclosed round of $2.0M was announced in Mar 2024.

Open Book Extracts Founders and Leadership Team

Name
Role
Contact
Oscar Hackett
Founder
David Neundorfer
CEO

No contact details are on record for this team yet.

Open Book Extracts Funding Compared to Other Agriculture and Farming Startups

Segment
Companies
Median round

Open Book Extracts' latest round of $2.0M is below the median round in Agriculture and Farming. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Open Book Extracts in Agriculture and Farming and Roxboro

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Open Book Extracts Funding FAQs

What does Open Book Extracts do?

Open Book Extracts is a cGMP certified, vertically integrated grower, processor, and manufacturer of premium plant-based products. With control of the entire supply chain, a state-of-the-art extraction campus near North Carolina’s Research Triangle, proprietary refinement and conversion methods backed by a growing IP portfolio, and a team of Ph.D. chemists and seasoned business leaders, OBX is the trusted partner for global brands seeking to enter the marketplace. OBX Asia, with its headquarters in Hong Kong, provides strategic guidance and on-the-ground support for our Asia customers. OBX’s cGMP-certified productions operations are led by a seasoned science team, including a Ph.D. food scientist from Cornell, a Ph.D. organic chemist from the University of Nevada, and two masters chemists with pharmaceutical backgrounds, including a quality control director who joined OBX after a 15-year career as an analytical chemist at GlaxoSmithKline. OBX offers one of the largest portfolios of cannabinoid isolates at 99%+ purity, including CBD, CBG, CBN, CBC, and THCV, as well as formulation services and turnkey, finished good manufacturing including edibles, soft gels, tablets, tinctures, pet products, and topical products.

How much funding has Open Book Extracts raised?

Open Book Extracts has raised $13.5M across 4 rounds on record. The most recent is an undisclosed round of $2.0M announced in Mar 2024.

When did Open Book Extracts last raise funding?

Open Book Extracts' most recent funding round on record is an undisclosed round of $2.0M, announced in Mar 2024.

Who founded Open Book Extracts?

FundedIQ lists Oscar Hackett (Founder) at Open Book Extracts.

Who is the CEO of Open Book Extracts?

David Neundorfer is listed as CEO at Open Book Extracts.

Where is Open Book Extracts headquartered?

Open Book Extracts is based in Roxboro, North Carolina, United States.

How many employees does Open Book Extracts have?

Open Book Extracts is in the 51-100 employee band.

How does Open Book Extracts' funding compare to other Agriculture and Farming startups?

Open Book Extracts' latest round of $2.0M is below the $3.3M median round size for Agriculture and Farming companies on FundedIQ across 1,320 tracked companies over the last two years.

About FundedIQ's Open Book Extracts Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Open Book Extracts is left off this page rather than filled in.

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