TL;DR
FoodLogiQ has raised $19.5 million in financing to expand its data-driven platform and reach new customers. The financing round included investors such as Tyson Ventures and Pontifax AgTech.
According to a recent article in Fast Casual , FoodLogiQ has raised $19.5 million in financing. The Service as a Software provider offers food-safety and supply chain transparency solutions for the foodservice industry. The financing will allow FoodLogiQ to expand their data-driven platform and reach new customers.
The purview of FoodLogiQ’s services covers the entire supply chain, including food manufacturers, retailers, growers, co-packers and produce marketers. FoodLogiQ’s existing customer base includes a number of large foodservice franchise brands, including Chipotle, Buffalo Wild Wings, Five Guys Burgers and Fries, IPC/Subway, Panda Restaurant Group and Tropical Smoothie Cafe.
Investors for the recent round of financing include Testo, Inc., Tyson Ventures, Pontifax AgTech, Nicola Wealth Management, and Greenhouse Capital.
In this story
This story was originally published in 1851 Franchise on March 30, 2018. Burnaze summarizes and links to the original reporting.
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