Tech Company Financing Transactions
Fresho Funding Round
Fresho secured a $17 million Series B funding round on 11/26/2024. Backers included private investors.
Transaction Overview
Company Name
Announced On
11/26/2024
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors
private investors (Geoff Tarrant)
Proceeds Purpose
The company intends to use the funds to accelerate its investment in AI and emerging technologies, while driving further growth in the UK, Ireland, Australia, and New Zealand.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Australia Level 5, 412 St Kilda Road Melbourne VIC 3004 Aust
Melbourne, VIC 3004
Australia
Melbourne, VIC 3004
Australia
Phone
Undisclosed
Website
Email Address
Overview
It was 2016 when we realised we had the power to revolutionise the ordering process for food wholesalers, as well as reduce food waste. We just had to create the state-of-the-art technology that would make it possible.Our founders have many years of experience in the wholesale food industry, having spent time wearing aprons and stacking fridges themselves. We understand the time constraints and operational issues that food businesses experience every day and wanted to provide an online solution to alleviate these pressures, while reducing costs and food wastage at the same time.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records on this site are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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