Features | May 22, 2020

Imperfect Foods secures $72 million to expand affordable food delivery amid pandemic

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, May 22 – The San Francisco-based company launched five years ago to cut food waste by aggregating foods deemed unfit for supermarkets—misshapen apples, short pieces of pasta, broken shrimp—and delivering them directly to consumers.

The service, designed to be accessible to low-income customers, has seen increased demand during the pandemic (see, The future-of-food distribution opportunity). Imperfect Foods has been supporting emergency food distribution for high-needs organizations. Its Series C funding round was led by Insight Partners. 

The raft of potential solutions to the U.S.’s $200 million annual food waste problem includes FoodMaven, which links producers of over-supplied or imperfect food to large-scale buyers.

Full Harvest sells surplus food online. Apeel makes an edible protective coating to prevent produce spoilage. WISErg converts unused food into a fuel product.