What is Flowaste?
Founded in South Bend, Indiana, in 2020, Flowaste is a technology startup dedicated to mitigating the business, environmental, and ethical challenges posed by food waste. The company's core offering is a sophisticated food analytics platform designed to empower restaurants, food service providers, and food producers. By enabling these entities to optimize food usage and substantially reduce waste, Flowaste not only cuts associated costs but also contributes to reducing harmful environmental impacts and fostering more ethical business practices. The company's innovative approach positions it as a key player in the burgeoning sustainability tech sector.
How much funding has Flowaste raised?
Flowaste has raised a total of $1.4M across 2 funding rounds:
Other Financing Round
$270K
Other Financing Round
$1.1M
Other Financing Round (2021): $270K with participation from Plug and Play Ventures, Angie Stocklin, RSLP Ventures, Culvex Investments, Elevate Ventures, and Flywheel Fund
Other Financing Round (2021): $1.1M, investors not publicly disclosed
Key Investors in Flowaste
Plug and Play Ventures
Plug and Play Ventures is an early-stage investor and accelerator that operates as a corporate innovation platform, with a global presence.
Elevate Ventures
Elevate Ventures is an Indiana-based firm that invests in and guides cross-sector innovation-driven companies at Pre-Seed, Seed, and Series A stages, focusing on founders with grit and creativity.
Angie Stocklin
Undisclosed investor participating in the funding round.
What's next for Flowaste?
The substantial enterprise-level funding and strategic investment Flowaste has attracted signal a pivotal growth phase for the company. This capital infusion is expected to accelerate the development and deployment of its food analytics platform, potentially expanding its market reach to a wider array of food-related businesses. Future initiatives will likely focus on enhancing platform capabilities, forging strategic partnerships within the food supply chain, and further solidifying its position as a leader in food waste reduction technology. The company's trajectory suggests a strong emphasis on scaling operations and driving broader adoption of sustainable practices across the industry.
See full Flowaste company page
