Afresh Technologies (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- July 20, 2020
- Vertical
- Food Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $12,000,000
Company Info
- Founding Year
- 2017
- Traction
- Achieved up to a 50% reduction of in-store food waste.
- Founders
- Matt Schwartz, Nathan Fenner, Volodymyr Kuleshov
- Company Description
- Afresh Technologies develops A.I.-powered solutions that optimize merchandising, ordering, and operations for all fresh departments. Afresh significantly reduces food waste, improves its partners' profitability, and makes fresher, healthier food more accessible to all.
- Market
- Grocery and Food Retail
- Location
- San Francisco, CA, USA
- Coinvestors
- Baseline Ventures, Food Retail Ventures, Impact Engine, Innovation Endeavors, Maersk Growth