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Cannabis tech startup Dutchie raises $350M to double valuation to $3.75B in less than a year

– Dutchie, a technology company that helps facilitate legal cannabis orders, raised $350m in Series D funding. – The round was led by D1 Capital Partners, with participation from previous investors including Tiger Global, Dragoneer, DFJ Growth, Thrive Capital, Gron Ventures, and Casa Verde Capital, and new investors, including Willoughby Capital, Glynn Capital, and Park West Asset Management. – It brings the company to a valuation of $3.75 billion. – The company’s technology includes e-commerce, point of sale and seamless payment solutions and is used to power annual sales of more than $14 billion at 5,000 cannabis dispensaries across North America.