• Skip to main content
  • Skip to primary sidebar

Mori secures Series B1 funding for shelf-life extension solutions

Asia Food Journal
  • Home
  • Latest News
  • Channels
    • Packaging
    • Processing
    • Ingredients
    • Industry
    • Automation
    • Guest Posts
    • Market Trends
  • Subscribe
  • Advertise
  • Event Calendar
  • Contact Us
    • Submit Guest Posts
Share
Leaderboard of Asia Food Journal

Mori secures Series B1 funding for shelf-life extension solutions

March 18, 2022 by Asia Food Journal

HowToGym/Unsplash

Food tech company Mori has successfully raised $50 million Series B1 funding to further develop and expand its shelf-life extending product line. This round was led by Prelude Ventures and included previous investors The Drawdown Fund, Acre Venture Partners, The Engine, Refactor Capital, Blindspot, Closed Loop Partners, Knollwood Investment Advisory as well as new investors Collaborative Fund and Thia Ventures.

This additional capital will help the supplier meet its goal of reducing waste and creating more sustainable supply chains through its product offerings.

Leaderboard of Asia Food Journal

Mori’s proprietary process utilises salt, water and heat to extract silk protein. This particular ingredient protects fresh and shelf-stable food, and slows down spoilage time. Integrating this in existing production processes is seamless, and can be done with minimal capital expenditure.

Besides reducing overall food waste and ensuring food is fresh and has better quality, using this solution promotes flexibility in the supply chain. This can inspire manufacturers to introduce more sustainable packaging, further helping mitigate harmful environmental impacts.

“Mori’s technology is a critical lever in reducing the carbon footprint of our food system,” said Mark Cupta, Managing Director of Prelude Ventures. “Reductions in food and packaging waste translate to lower greenhouse gas emissions and a lower impact on natural resources. We are confident that Mori’s products will add tremendous value to its customers, while also positively impacting the planet.”

“The past two years have exposed the fragility of our food system, with businesses and consumers feeling the effects of labor shortages, and shipping delays,” said Adam Behrens, CEO of Mori. “Our work with initial customers has shown that we can solve real pain points in the food supply chain and ensure that more of the food produced makes it into our communities.”

Further, funding will be used to add new product categories and expand to new geographical markets. Currently, Mori offers Mori Silk™ is a dietary protein, consumable in countries such as the USA, Mexico, and Costa Rica. Many countries, including Canada, Japan, and South Korea, list Mori Silk™ as a Non-Novel and Traditional food ingredient.

Other Topics: dietary protein, food ingredients, fresh food, fresh produce, Ingredients, ingredients innovation, Mori, Mori Silk™, natural ingredients, non-novel food ingredient, packaging waste, protein ingredient, Series B1 funding, shelf-life extension solutions, shelf-stable, silk protein, startup, startup news, startup series funding, sustainable ingredient, traditional food ingredient

Related Articles

  • GELITA sustainability reportGELITA cuts GHG emissions by 10% in two years 
  • hydrosol and planteneers

    Courtesy of Hydrosol

    Hydrosol and Planteneers on continued success trajectory: Meeting global challenges with new technologies   
  • Green Future Café

    Courtesy of Kerry

    3 Consumer Trends Shaping the Future of Beverages and Foodservice 
  • cider

    Courtesy of VOG Products

    VOG Products’ fruity alternatives: basis for cider and vinegar  
  • usa cheeseboard app

    Courtesy of USA Cheese Guild

    USA Cheese Guild launches the USA Cheeseboard app
  • dairy farm in Kaduna

    Courtesy of Arla Foods

    Arla Foods inaugurates state-of-the-art dairy farm in Kaduna, Nigeria
Leaderboard of Asia Food Journal

Primary Sidebar

Stay Connected

Trending News

Subsribe to Our News Letter

Subscribe To
Our Newsletter


Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Harvest Information Pte Ltd, 150 Orchard Road #07-05, Singapore, 238841, http://www.payloadasia.com/, https://tva.onscreenasia.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Subsribe to Our News Letter

Subscribe To Our Newsletter

Signup here to get the latest news and updates.

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Harvest Information Pte Ltd, 150 Orchard Road #07-05, Singapore, 238841, http://www.payloadasia.com/, https://tva.onscreenasia.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

© 2021 Harvest Information. All rights reserved. Privacy Policy.