Blendid Closes Second Oversubscribed Crowdfunding Campaign
Blendid, a leading innovator in the booming food automation and robotics sector, today announced the close of its latest oversubscribed round of crowdfunding. Hitting its $2 million target via 1,475 individual investors during a four-month campaign on StartEngine, Blendid has now raised a total of $20million in investment through a combination of traditional venture capital, strategic investors and crowdfunding. During its crowdfunding effort, Blendid signed a commercial agreement with a major commercial food service operator, which also made a strategic investment in the company, to help scale its manufacturing and operations so Blendid can achieve its mission of making healthy food more personalized and accessible nationwide. …
