The Colorado-based startup is targeting big players in the food system to recapture lost food at scale while offering end-to-end logistics. It closed this top-up ahead of a larger Series B in the near future.
FBN says the tool offers a new future for crop marketing, using networks and data to increase profits and level out what it describes as an uneven playing field for farmers.
The Good Kitchen, launched last year as Europe's first accelerator program for social startup businesses tackling food issues, will award low-interest loans to the startups to get their businesses off the ground.
AgShift, an ag data startup helping farms automate their compliance reporting, also closed a pre-seed round. Online office catering service Platterz and pivoted Indian agri-marketing platform Ninjacart also raised funding.
It’s not always easy for farmers to get their produce, eggs, milk and products right to their customers. A new startup called Farmstr is hoping to change that relationship, forming a direct line between the producer and consumer.