He raised $420M for PAX Labs, his company that produces award-winning cannabis vaporizers

Worldwebforum speaker Bharat Vasan

Bharat Vasan

CEO, Pax Labs, San Francisco, USA

Worldwebforum PAX
Worldwebforum speaker Bharat Vasan
Worldwebforum speaker Bharat Vasan
Worldwebforum speaker Bharat Vasan
Worldwebforum speaker Bharat Vasan

Why you should listen

Cannabis, a product that had been vilified and misunderstood for many years, is now gaining wider legalization and social acceptance. Bharat Vasan markets responsible consumption of cannabis through his company PAX Labs which takes the guesswork out of cannabis for adult use. Its vapes can be controlled via an app that measures usage and sets consumption schedule and control.

Bharat believes in the power of community, shared experiences, education and transparency to promote change. His mission is to establish cannabis as a force for good by helping adult-users, artists, and LGBTQ communities. In San Francisco, he is helping build the first full-scale LGBTQ history museum through proceeds of special PAX products.

His company is venture-backed and investors include Tiger Global, Tao Capital, and many others. Recently, Bharat has acquired $420M in new financing which will be invested in an ambitious growth plan that includes user-driven design of new products and the penetration of new markets.

He is also an Angel Investor & part of the Advisory Boards of these companies: JUUL, Ript Labs, GoQii, Motiv, Fox Commerce, Shift, Aevena, and iBeat. His start-up, BASIS Science, was successfully acquired by Intel in 2014.

Hear Bharat speak at the Worldwebforum 2020 about building and scaling consumer-facing, technology-driven companies from pre-product stages to at least $100M+ in revenue. 

About PAX Labs

PAX Labs was founded in 2007 with the goal of creating responsible, enjoyable, and personalized vaporizer experiences. As an award-winning consumer technology brand in 2018, PAX products continue to represent the gold standard in product quality as we aim to move the space beyond stereotypes. Most of all, we want to be good stewards for a product and movement that enhances many people’s lives.

Our loose leaf and extract vaporizer products are made with high quality materials and offer empowering experiences for those looking for a premium and discreet product. Our focus on design and innovation means we have best-in-class software and hardware, and provide tools so that you can personalize each and every experience.

Headquartered in San Francisco, PAX is backed by leading technology investors including Fidelity Investments, Tiger Global and Tao Invest (Pritzker family fund). We are an exceptional team with hardware and software backgrounds in consumer technology, healthcare, and biotech, and are growing rapidly to deliver on our mission. Our internal culture values diversity, integrity, having an impact, and passion for the larger movement that PAX is a part of.

eu.pax.com

Biography

Passionate about building and scaling consumer-facing, technology-driven companies. Strong track record as an operator, entrepreneur, advisor, investor and M&A specialist. Have scaled teams/companies from pre-product stage to $100m+ in revenue.

Successful exit with BASIS Science (acquired by Intel in March 2014), where I was co-founder. Currently at August Home, another exceptional startup in the smart home space.