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Terrantic, a data platform focused on the food supply chain, has secured $3.5 million in an oversubscribed seed funding round.

The round was led by Supply Change Capital, with participation from York IE, Vitalize VC and Array Ventures. Terrantic will use the funds to help food processing companies reduce waste and boost yield by optimising supply chain operations, ensuring products reach their destinations in best quality.

Noramay Cadena, managing partner of Supply Change Capital, said: “An optimised and data-informed supply chain is critical to enabling a sustainable food system. Operational efficiency and data insights within the supply chain – from food processing to agriculture to process manufacturing – are the keys. We are proud to be investing in Terrantic, whose technology will modernize operations for the industry and improve food system sustainability.”

Terrantic's platform leverages AI to streamline operations, reducing the need for manual processes and enhancing productivity. The company already supports organisations like Columbia Fruit and UC Merced in increasing shelf life and improving margins.

Trevor Cox, co-founder and chief business officer of Terrantic, commented: “Our goal is for food processing companies to never have to review a business intelligence report or pay for data professional services again. We are proud to be at the forefront of this emerging market and look forward to using this funding to help more food processing companies become more productive.”

Krishna Srinivasan, co-founder and CEO of Terrantic, added: “Our technology is the nerve centre that provides food processors with the end-to-end visibility and contextual execution they need to connect the food supply chain. Our technology is the foundational operating system that has helped food processing companies increase shelf life by 20% and production throughput by 40%, and we are just getting started. Investments in improving our technology and sales engine will help us reach and change the operations of many more companies in the future.”

Top image: © Terrantic

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