Hungry Harvest, a Baltimore, MD-based delivery company offering rescued produce, closed a $13.7m Series A funding round.
The round was led by Creadev with participation from existing and new investors, including Danone Manifesto Ventures, Quadia and Maywic Select Investments. Jean-Francois Hurel of Danone Manifesto Ventures will join Hungry Harvest’s Board of Directors. Marion Schuppe of Quadia and Fred Mayerson of Maywic Select Investments will join as Board Observers.
The company intends to use the funds to continue to expand its business reach, enhance customer experience and scale its social mission.
Led by Evan Lutz, CEO & Founder, Hungry Harvest rescues fresh fruits, vegetables, and grocery staples that would otherwise go to waste due to surplus or arbitrary, cosmetic standards for size, shape or color at retail. Customizable variety boxes are delivered directly to subscribers’ homes using a team of local drivers. Since 2014, the company has reduced over 22 million pounds of food waste and donated or subsidized over 1.5 million pounds of produce to partner organizations and through its own food access programs.
Hungry Harvest currently delivers in Maryland, Washington, DC, Philadelphia, Southern New Jersey, Northern Delaware, Northern Virginia, South Florida, The Triangle area and Charlotte, North Carolina, and the Detroit Metro Region in Michigan.
FinSMEs
16/09/2020