Tag: investments

True Food Kitchen, the award-winning restaurant brand that has pioneered wellness-driven dining, announced a significant round of capital investment led by two new investors, HumanCo and Manna Tree, supported by existing investor Centerbridge Partners.

Cambridge Capital, a leading investment firm focused on the supply chain sector, today announced a majority investment in Boa Logistics and Flow Cold Storage which are innovative, high-growth, third-party logistics companies specializing in refrigerated less-than-truckload ("LTL") freight consolidation, led by industry veterans.

Butterfly, a Los Angeles-based private equity firm specializing in the food sector, recently announced the closing of its sophomore fund. Nearly doubling in size from the previous vintage, the fund closed with commitments of $1 billion from a wide range of partners including institutional investors, family offices, entrepreneurs, and food investors.

Wabash, the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced it is expanding manufacturing capacity of EcoNex Technology to address customer demand and equipment challenges that refrigerated carriers have faced for years, including thermal efficiency, strength, weight and asset life.

Forage, a payments processor that makes it easier for grocers to accept SNAP EBT payments online, announced today that it has raised a $22M Series A funding round to accelerate online grocery access for America’s 42 million SNAP EBT recipients.

Afresh, the leading AI-powered fresh food technology provider, today announced a $115 million Series B funding round led by Spark Capital and with participation from Insight Partners, VMG Partners, and Bright Pixel Capital. Walter Robb, senior executive partner at S2G Ventures and former Co-CEO of Whole Foods Market also joins the round.

Kitchen United, ghost kitchen and restaurant hub technology pioneer, announced a $100M Series C fundraise, which includes some of the world's preeminent financial and strategic investors.

Fieldless Farms, a modern food and Controlled Environment Agriculture company that launched in 2019, announced a Series A round raising $17.5 million in equity and debt to expand operations at its Cornwall facility by 10 times.

Little Leaf Farms, the country's #1 brand of packaged lettuce sustainably grown through controlled environment agriculture (CEA), has raised $300 million in new capital, with equity financing led by The Rise Fund, TPG's multi-sector global impact investing strategy, and debt funding from Bank of America.

Strella Biotechnology, Inc., developer of proprietary produce sensor technology designed to reduce food waste and improve quality, today announced the close of a Series A funding round totaling $8 million.