Retail & FoodService
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. ... Read more
September 13, 2021 | 6 min to read