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Food-X Technologies Receives Additional Funding to Enhance eGrocery Management Solution for Retailers

Food-X Technologies Receives Additional Funding to Enhance eGrocery Management Solution for Retailers

08/05/20, 1:45 PM
Food-X Technologies, a leading scalable end-to-end software solution for profitable online grocery fulfilment, today announced the Digital Technology Supercluster will provide a follow-on $2.6 million to enhance its eGrocery Management Solution (eGMS) for retailers to scale safe food delivery. This round offers ten times the initial funding raised for the feasibility study announced in April, allowing Food-X to continue leading the collaboration of prominent companies, including Microsoft, Adaptech, AltaML, ETG Consulting, Routific, OpsGuru and Spud.

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AccelFoods is an early-stage venture fund investing in consumer products. We partner with entrepreneurs to bring innovative, high-quality food and beverage products to the forefront of the industry and create the next generation of enduring brands. With nearly $40m under management, we are hands-on partners that work tactically with our founders to scale their businesses quickly and smartly. We connect the dots within the broader food & beverage ecosystem to provide unique access, share distinct expertise, and build solid infrastructure.

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