"Pepper Raises $30M in Series B Funding for Food Distribution Technology Platform"

Pepper's Series B Funding

Key Highlights:

• Series B Funding: Raised $30 million in Series B funding led by ICONIQ Growth, with participation from existing investors.
• Technology Partner for Food Distribution: Pepper is a technology partner for the food distribution sector, providing an eCommerce platform with AI-powered tools for distributor sales reps and customers.
• Product Innovation: Funds will be used to advance product innovation in key areas such as eCommerce experience, CRM tools, generative AI, rich product content, and analytics.

Pepper's Target Market

• Food Distribution Sector: Targeting food services, convenience stores, and other marketplaces in the food distribution sector.
• Distributor Sales Representatives: Providing AI-powered tools to enhance the capabilities of distributor sales representatives.
• Food Service Customers: Offering an eCommerce platform for food service customers to grow their market share.

What Pepper Needs to Buy

• AI and Technology Solutions: Collaborating with AI and technology providers to enhance their eCommerce platform and AI-powered tools.
• Product Development and Innovation: Investing in research and development to continuously improve their product offerings and stay ahead of market trends.
• Marketing and Sales Support: Engaging with marketing and sales service providers to expand their customer base and increase market penetration.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.