Ag-tech startup Hazel Technologies gets $70 million chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
CHICAGO, April 13, 2021 /PRNewswire/ Hazel Technologies, Inc., a USDA-funded agricultural technology company delivering new solutions to combat food waste, today announced that it had finalized documentation relating to a $70 million Series C financing round, which will bring the company’s cumulative total raised to over $87 million.
The Series C round is co-led by Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech), and Temasek, a global investment company headquartered in Singapore.
The oversubscribed Series C round has also attracted new and returning investors S2G Ventures, Pangea Ventures, Rhapsody Venture Partners, Asahi Kasai Ventures, Jordan Park Group, and the Jeremy and Hannelore Grantham Foundation.
Chicago startup focused on reducing food waste gets $70M chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Hazel Technologies Closes $70 Million Series C Financing
Poised to Save Roughly 1 Billion Pounds of Wasted Produce by the End of 2021, Hazel® Turns its Attention and Resources to Global Opportunities and Impact
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CHICAGO, April 13, 2021 /PRNewswire/ Hazel Technologies, Inc., a USDA-funded agricultural technology company delivering new solutions to combat food waste, today announced that it had finalized documentation relating to a $70 million Series C financing round, which will bring the company s cumulative total raised to over $87 million. The Series C round is co-led by Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech), and Temasek, a global investment company headquartered in Singapore. The oversubscribed Series C round has also attracted new and returning investors S2G Ventures, Pangaea Ventures, Rhapsody Venture Partners, Asahi Kasai Ventures, Jordan Park Group, and the Jeremy and Hannelore Gran