Tastewise, a Tel Aviv, Israel-based provider of an AI-powered platform that helps food brands bring products to market based on consumer data, raised $17M in Series A funding.
The round, which brings total funding to $21.5M to date, was led by Disruptive, with participation from PeakBridge and PICO Venture Partners.
The company intends to use the funds to expand into new markets including Canada, Australia, Germany, France, and India.
Led by CEO Alon Chen, Tastewise provides an AI platform for the food industry to access to data-driven solutions for new product development, marketing, and foodservice sales. The company enables the food industry to discover new flavors and product ideas, develop content for marketing campaigns, and find sales opportunities with restaurants and retail by combining billions of data points across social media, recipes, and restaurant menus.
The customer base spans food and beverage companies from Fortune 500s — such as Nestle, PepsiCo, Kraft Heinz, and Campbell’s — to industry newcomers like JustEgg.
FinSMEs
02/03/2022