Blockchain provides a way to digitize every step of the supply chain through a distributed, connected ledger, linking all records from source to shelf.
ripe.io is working to improve transparency for food origin, quality, traceability, flavor, sustainability and safety.
September 12, 2018
Ripe Technology, Inc., better known as ripe.io, San Francisco, completed a $2.4 million series seed financing round led by Relish Works, Chicago, and Maersk Growth, the Denmark-based venture capital arm of Maersk.
Foodservice distributors are responsible for bringing product from Point A to Point B in the safest, quickest and most energy efficient manner possible, all while maintaining product temperature and integrity.
The fund will utilize Greycroft’s investment expertise and connections into the early-stage technology industry and Albertsons’ grocery expertise and coast-to-coast footprint.
August 2, 2018
Albertsons Cos., Boise, Idaho, and venture capital firm Greycroft, New York, created a $50 million fund that will invest in and help grow emerging companies and technologies in the grocery sector.