Funding for food waste solutions up and down the supply chain reflects the growing importance of the category for businesses, consumers, and investors alike.
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
Americans could generate more than 300 million pounds of food waste this year as Thanksgiving gatherings resume and aspirational shopping abounds. The carbon footprint associated with that waste is the same as driving 169,000 cars for a full year, according to non-profit ReFed.
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