by Katharine Downey | Feb 13, 2024 | Class of 2015, Companies, News, Success Stories
ProducePay, an eLab alumni (Class of 2015), just closed a $38 million Series D funding round led by Syngenta Group Ventures, with participation from Commonfund and Highgate Private Equity, G2 Venture Partners, Anterra Capital, Astanor Ventures, Endeavor8, Avenue...
by wpengine | Mar 9, 2023 | Blog, Class of 2015, Companies, News, Success Stories
Since originating in eLab in 2014, ProducePay has continued to forge its own path in the produce industry, most recently being named to Fast Company’s list of the 10 most innovative companies in agriculture of 2023. Fast Company’s Most Innovative Companies series...
by Bridget Hagen | May 17, 2022 | Blog, Class of 2015, News, Success Stories
Since launching in 2015 through eLab, FloraPulse has been working to help growers optimize water use. The startup’s water stress sensor, a microchip tensiometer, is embedded into trees’ woody tissue to directly measure the water status. “Using our technology, the...
by wpengine | Jul 7, 2021 | Class of 2015
ProducePay, an eLab alumni (Class of 2015), closed a $43 million Series C funding round this spring. This latest round of funding brings ProducePay, a fintech leader in the fresh produce industry, to over $300 million raised in debt and equity funding since it...
by wpengine | Dec 18, 2020 | Blog, Class of 2015, News, Success Stories
With the 2020 harvest season behind us, ProducePay announced its year-end financing totals, including $60 million in financing to produce farmers in Mexico, who grew over $750 million worth of fresh produce exported to the United States. ProducePay, an eLab alumni...
by wpengine | Feb 19, 2020 | Blog, Class of 2015, News, Success Stories
ProducePay, the leading industry resource for produce trading, recently obtained $205 million in debt facility from CoVenture and TCM Capital to expand its platform, which provides produce growers, shippers, and distributors with the resources and financing to grow...
