SafeTraces raises $10M in equity financing to deploy food traceability solutions
SafeTraces also plans to launch its second food safety solution, SaniTracers, by the end of this month.
SafeTraces, Inc., Pleasanton, Calif., closed a $10 million equity financing round led by S2G Ventures (Seed to Growth), Chicago, and Bunge Ventures, White Plains, N.Y. Other participants in the round included UL Ventures, New York, and Spero Ventures, Redwood City, N.Y.
"We are excited to close this round with the support of such an outstanding group of investors," says Anthony Zografos, founder and CEO of SafeTraces. "The growing demand for our suite of food safety solutions provides both validation and direction for our future growth."