As the leading AI-powered fresh food technology provider, we’re proud to announce 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 joined the round. All prior investors, including Maersk Growth, High Sage, and Innovation Endeavors, also participated in the round, bringing our total funding to $148 million.
Afresh CEO and co-founder Matt Schwartz, shared his belief that “food, more so than anything else, shapes the health of people and our planet. We founded Afresh with the purpose of eliminating food waste and making nutritious food more accessible.” Through this capital, we’ll grow the scale and scope of the Afresh platform to serve thousands more stores across the U.S. and Europe, and expand to support new fresh categories like meat and bakery.
Scaling our social impact
At Afresh, our mission is to eliminate fresh food waste and increase access for all. Studies have shown that about 40% of all food in the U.S. is thrown away, and Project Drawdown cites reducing food waste as the number one lever to curb climate change.
Source: Afresh
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