From AgFunder, October 23:
BREAKING EXCLUSIVE: Maersk Selects 7 Companies for Second Edition of FoodTrack Program
Maersk, the global logistics company, has released the names of the seven startups joining the second edition of FoodTrack by Maersk. They include packaging technologies that seek to prolong the shelf life of fresh produce, marketplaces connecting farmers directly with retailers, innovative storage solutions and advanced analytics to optimize food supply chains.Participating startups will be in the running for an equity investment from Maersk’s venture arm, Maersk Growth.Maersk Growth has become one of the most active agrifood tech investors since launching FoodTrack over the summer, already investing in at least three food-related startups in as many months, most recently Spoiler Alert, the supply chain software startup combatting food waste. Two of the investor’s seven investments are still undisclosed.After the success of FoodTrack by Maersk’s first edition, Maersk opened up applications again for a second edition of the program last month. With a focused approach on solutions addressing food loss at the early stages of the supply chain, 142 startups applied and were evaluated by Maersk and Rockstart, the accelerator group that has partnered with Maersk on the program. From these applications, seven startups were selected from five countries around the globe.
FoodTrack by Maersk’s second cohort includes:AgVoice (USA): Voice recognition software for capturing data – form filling & metadata analytics – by using proprietary analytics and processing of raw voice during human inspections.FreshLand (Denmark): B2B/B2C marketplace shortening and digitizing the food supply chain base through connecting farmers directly with retailers and consumers.FruitsApp (Italy): B2B marketplace for fresh products with integrated global logistics, using algorithms to match demand and supply and forecasting price fluctuations....
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Previously:
Sept. 22
June 7
