Full Harvest, a San Francisco, CA-based produce business-to-business marketplace specializing in surplus and imperfect produce, closed a $23m Series B growth financing.
The round was led by Telus Ventures, with participation from new investors Rethink Impact, Citi Impact, Doon Capital, Stardust Equity and Portfolia Food & AgTech Fund as well as existing investors Spark Capital, Cultivian Sandbox, Astia Fund, Radicle Growth and others. In conjunction with the funding, Jay Crone, investment director at TELUS, joined Full Harvest’s Board.
The company plans to use the funding to further build out its online marketplace, advance its data and market insights offerings, and triple its technology and product team in 2022.
Led by Christine Moseley, founder and CEO, Full Harvest runs a business-to-business online marketplace connecting farmers with commercial produce buyers where they can purchase imperfect and surplus produce. Additionally, the company partners with brands on their efforts to create new sustainable CPG products and supply chains to meet consumer demand for sustainable products. Full Harvest works with some of the largest food and beverage companies (Danone North America, Health-Ade), processors (SVZ) and growers (Tanimura & Antle, Church Brothers, Deardorff Farms).
FinSMEs
20/12/2021