Sojo Industries, a Bristol, PA-based mobile automation and robotics manufacturer for food and beverage assembly, raised $10M in Series A funding.
Backers included Schreiber Ventures and Tech Council Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Barak Bar-Cohen, Sojo Industries is an industrial automation company that utilizes robotics, mobility and modularity to deliver efficient packaging and assembly solutions for the food and beverage industry. Along with its newly launched blockchain-based track-and-trace platform for geolocating products across the food and beverage supply-chain, the company is a innovator in variety packaging solutions, working with brands to create variety packs.
Sojo Industries is supporting Schreiber’s continued innovation across its food and beverage operations through the use of its proprietary Sojo Flight™ solution. Sojo Flight™ provides brands with mobile manufacturing lines and multiple packaging capabilities that can be moved across the country into different food and beverage production facilities, supporting the growing innovation in the variety-pack and multi-pack categories as well as mitigating rising labor costs, labor shortages and high freight costs.
Sojo Industries is also working closely with Schreiber Foods on integrating Sojo Shield™, a track and trace platform that provides real-time geolocation data and insights on critical tracking events, that enhances Schreiber’s existing supply chain platforms, including The Hive™.
FinSMEs
24/07/2024