Tech Company Financing Transactions
Torg Funding Round
Torg closed a $2.9 million Seed investment round on 4/9/2024. Investors included Connect Ventures, FoodLabs and private investors.
Transaction Overview
Company Name
Announced On
4/9/2024
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its development efforts, and its supplier database.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Rosenthaler Straße 13
Berlin, 10119
Germany
Berlin, 10119
Germany
Phone
Undisclosed
Website
Email Address
Overview
Torg is digitizing product sourcing to bring buyers and suppliers closer together, applying the power of AI in streamlining procurement processes. We use smart technology to make it incredibly easy for retail and wholesale buyers to find and connect with 100,000+ verified food & beverage manufacturers in Europe across private label & foodservice categories.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Hans Furuseth
Co-Founder
Ben Holdham
Co-Founder
Rita Kerbaj
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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