Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Two more startups raise seed capital to tackle food waste



Full Harvest, in San Francisco, has raised $2 million to support online sales of “ugly” produce — the goods grocers consider unfit for supermarket sales. The funding round was led by Wireframe Ventures and backed by BBG Ventures, Early Impact Ventures, Impact Engine, VC Radicle, and several angel investors.

Founder Christine Mosley, formerly with fresh juice company Organic Avenue, had been searching for low-cost, high-quality produce. At an organic lettuce farm she visited, “The farmers were throwing out all these crunchy, green leaves because they were looking for just the perfect heads of lettuce for the stores,” she said.

Meanwhile, Wasteless raised $400,000 to fight food waste in grocery stores. Based in Israel, Wasteless helps retailers track their inventory and flag products most likely to be thrown away.

“Today, supermarkets don’t know how many products they have on the shelf unless someone does a manual check,” said founder Ben Biron. The funds were committed by a group of early-stage venture capital firms and accelerators including SOSV, Food Angels, and Winston Ltd.

Other startups targeting the food waste challenge include Inspirafarms in east Africa and Central America and Yume in Australia.

This post originally appeared in ImpactAlpha’s daily newsletter. Get The Brief.

Photo credit: Tomer Appelbaum /haaretz.com

You might also like...