Mori (formerly known as Cambridge Crops), a Boston, MA-based food tech company reducing waste and creating a more sustainable supply chain, raised $12m in Series A funding.
The round was led by Acre Venture Partners with participation from new investors Prelude Ventures, The Jeremy and Hannelore Grantham Environmental Trust, and ACCELR8 as well as returning investors The Engine, Refactor Capital, Closed Loop Partners, Blindspot Ventures, and The Fink Family Foundation.
The company intends to use the funds to build out its manufacturing capabilities and continue to develop commercial partnerships in multiple food categories.
Led by CEO Adam Behrens, Mori, is a technology company focused on innovations in the food, agriculture, and packaging industries. Through an innovative and proprietary process, it uses salt and water to extract protein from silk to create an all-natural and edible protective layer that keeps food fresh for long. The patented technology can be integrated at any time from farm to shelf, allowing food producers, food processors, and retailers to extend shelf lives, reach new markets, and reduce waste. Mori’s technology has the ability to form a natural protective, edible, and tasteless barrier on a wide range of food items, including whole produce, cut produce, meat, fish, and processed goods. The technology is currently protected by 20 patents and 25 patent applications.