Fresho, a London, UK-based company that aims to make food supply chains more sustainable between restaurants and their suppliers, closed $10 million in a Series A funding round.
This funding round adds several new investors to a strong existing base that includes London-based Primorus Investments (LOM: PRIM). New investors include venture-capital firm Capital Zed, Andrew Sypkes (who was an early-stage investor in Canva, Aconex, and Redbubble), and Second Quarter Ventures (Australia's leading secondaries fund).
Fresho Intends to use the series A to help drive improved sustainability in the sector and ensure increased prosperity for all participants.
Company: Fresho Pty Limited
Round: Series A
Funding Month: June 2022
Lead Investors: Primorus Investments
Additional Investors: Capital Zed, Andrew Sypkes, Aconex, and Redbubble), Second Quarter Ventures
Company Website: https://www.fresho.com/
Software Category: Food Supply Chains
About the Company: Fresho is the leading software for the food industry, creating a seamless ordering experience between suppliers and venues. Fresho is a fast-growing tech start-up on a mission to positively transform the footprint of the wholesale fresh food industry. Fresho is used by tens of thousands of chefs who simply reach for their device to choose exact quantities for their needs, much like an online shopping experience but specifically tailored to the fast, paced B2B food industry. Buyers see live prices and specials, allowing for informed product choices and assistance in food cost management The business is headquartered in Melbourne, Australia with offices in Sydney, Auckland, and London, and customers in Australia, New Zealand, the United Kingdom, and the United States.