Brightseed, a San Francisco, CA-based developer of AI technology for phytonutrient discovery, closed a $27M growth financing round.
The round was led by Lewis & Clark AgriFood.
This new financing brings Brightseed’s total funding to $52M including $25M in previous funding from Seed 2 Growth Ventures, Horizons Ventures, CGC Ventures, Fifty Years, Germin8 Ventures, and AgFunder. In conjunction with the funding, David Russell of Lewis & Clark AgriFood will join Brightseed’s board of directors, in addition to Elaine Leavenworth, former SVP, and Chief Marketing and External Affairs Officer at Abbott.
Founded in 2017 by Jim Flatt, PhD, Sofia Elizondo, and Lee Chae, PhD, Brightseed has developed Forager® artificial intelligence, which reveals phytonutrients hidden in nature with the team that scientifically validates their impact on human health and wellness. Food, ingredient, and supplement companies are partnering with Brightseed to commercialize discoveries and bring the benefits of plants to the world.
The company has also enlisted a group of advisors, including:
– Indra Nooyi, former Chairman and CEO of PepsiCo and Board Director at Amazon
– Dr. Dariush Mozaffarian, cardiologist and professor at the Friedman School of Nutrition Science and Policy at Tufts University
– Dr. Bernhard van Lengerich, former CSO of General Mills and Board Member of Beyond Meat.
FinSMEs
16/09/2020