Global BeehiveNews

US-based startup Afresh raises USD 12 million

San Francisco: Afresh a San Francisco-based tech startup building technology to eliminate that waste and make fresher, healthier food accessible to all. Afresh’s AI solutions give grocers an easier and more accurate way to manage fresh food orders, inventory, and merchandising.

Afresh recently announced that it has raised $12 million in Series A follow-on funding to accelerate its vision to reduce food waste by billions of dollars while increasing grocery margins and brings its groundbreaking technology to more grocery partners.

The round, which brings the company’s total amount raised to $20 million, was led by returning investor Innovation Endeavors with participation from Food Retail Ventures, Maersk Growth, Impact Engine, and existing investor Baseline Ventures.

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