Renewal Funds, Nicola back FoodLogiQ's $19.5 mln round
FoodLogiQ, a Durham, North Carolina-based provider of traceability, food safety and supply chain transparency software, has raised US$19.5 million in financing. Canadian impact venture capital firm Renewal Funds, an existing investor, led the round. It was joined by other investors, including Nicola Wealth Management, a Canadian asset manager and private investment counsel. FoodLogiQ, founded in 2006, said the funds raised will be used accelerate product enhancements, research and development, and expanded sales, marketing and customer success.
29 March 2018•7 mins read
