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§ Private Profile · London, England, United Kingdom
Food tech company deploying digital spoilage sensors for individual food packages, providing real-time freshness, focused on reducing food waste.
BlakBear is a London-based technology company that develops digital spoilage sensors for individual food packages to provide real-time freshness tracking. The enterprise digitizes traditional static use-by date labels into dynamic indicators, allowing consumers and commercial supply chain operators to monitor product quality accurately. By implementing this integrated hardware and software solution, the organization aims to reduce global food waste by up to 75 percent across the broader supply chain. The company's sensor technology is currently deployed by major food producers and grocery retailers operating throughout North America and Europe. To support its ongoing commercial expansion, the firm has attracted venture capital backing from prominent institutional investors such as Norrsken VC, Oyster Bay Venture Capital, and FoodLabs. BlakBear was established in 2017 by Max Grell, Michael Kasimatis, and Giandrin Barandun following their doctoral research at Imperial College London.
BlakBear has raised $2.8M across 1 funding round.
BlakBear has raised $2.8M in total across 1 funding round.
BlakBear has raised $2.8M across 1 funding round. Most recently, it raised $2.8M Seed in March 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 7, 2023 | $2.8M Seed | — | TOM Sturgess, Green Circle, Ponderosa Ventures, Remus Capital | Announced |
BlakBear has raised $2.8M in total across 1 funding round.
BlakBear's investors include Tom Sturgess, Green Circle, Ponderosa Ventures, Remus Capital.