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Venture Capital

Hazel Technologies Closes Series A Financing Round

by vcaonline.com posted 7months ago 38 views
Hazel Technologies Closes Series A Financing RoundLocal Chicago agricultural entrepreneurs raise $3.26 million financing led by Chicago-based S2G Ventures CHICAGO, March 15, 2018-- Hazel Technologies, Inc. ("Hazel") a USDA-supported agricultural technology company, is developing new solutions to combat the growing global food waste problem by increasing the shelf life of produce. Today, Hazel announced the closing of a $3.26 million Series A investment led by Chicago-based S2G Ventures. Upon completion of this investment, Aidan Mouat, Hazel's CEO and Co-Founder, commented "with this financing, we will immediately quadruple our production capacity to reduce the current wait-time for our products.