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Kraft Heinz Announces Agreement With Repsol In Company’s First Wind Energy Investment

PUBLIC · KHCJun 28, 2022

Round Type

Venture

PittsburghFood and BeverageFinancial ServicesConsumer GoodsTransportationFood Processing

Description

The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced a 12-year virtual power purchase agreement (“vPPA”) with Repsol, a global multi-energy company operating across more than 20 countries and based in Madrid, Spain. This agreement is the Company’s first investment in wind energy and is designed to help Kraft Heinz achieve its aspiration of procuring the majority of its electricity from renewable sources by 2025.

Quick answer

The Kraft Heinz raised an undisclosed amount in a funding round, dated June 28, 2022. The Kraft Heinz is based in Pittsburgh, Pennsylvania, United States.

How much did The Kraft Heinz raise?
The Kraft Heinz raised an undisclosed amount in a funding round on June 28, 2022.
What does The Kraft Heinz do?
The Kraft Heinz Company is a global food and beverage leader driving transformation with consumers at the center of everything it does, guided by its purpose, “Let’s Make Life Delicious.” With approximately $26 billion..
Where is The Kraft Heinz based and how big is it?
The Kraft Heinz is based in Pittsburgh, Pennsylvania, United States. Fundz records about 27,405 employees.
Who are the decision-makers at The Kraft Heinz?
Fundz holds 3 contacts at The Kraft Heinz, including the Global Head of HR AI & Service Delivery. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Financial Services around the same time

Companies in the same sectors as The Kraft Heinz that raised within 45 days of this round, from Fundz verified event records.

  • Afresh raised $115M (Series B) on August 4, 2022.
  • Meati Foods raised $150M (Series C) on July 21, 2022.
  • Moove raised an undisclosed amount (Funding Round) on July 14, 2022.
  • Optimization Solutions raised $30M on July 14, 2022.
  • Abbot Point Port Holdings Pte. Ltd raised $10M on July 8, 2022.
  • Kaiko raised $53M (Series B) on June 28, 2022.

Who to call at The Kraft Heinz, and when

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Company Information

Company

The Kraft Heinz

Location

Pittsburgh, Pennsylvania, United States

About

The Kraft Heinz Company is a global food and beverage leader driving transformation with consumers at the center of everything it does, guided by its purpose, “Let’s Make Life Delicious.” With approximately $26 billion in net sales in 2024, the company leverages its scale and agility to grow a portfolio of iconic and emerging brands across eight consumer-driven product platforms worldwide. Committed to being a responsible global citizen, Kraft Heinz focuses on sustainable and ethical practices while helping feed the world in healthy, responsible ways.

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Related People

3 contacts
Verified contactsSuneil K., Global Head of HR AI & Service DeliverySee plans and pricing
Predictive Intelligence
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The Kraft Heinz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.