SAN FRANCISCO — Full Harvest, the business-to-business marketplace for surplus and imperfect produce, has closed another $5 million in growth financing from Rabobank, Translink Capital and Japan Airlines, increasing its total Series B funding to $28 million.
Full Harvest helps brands develop new consumer products and sustainable supply chains to reduce waste while improving farmers’ livelihoods. The company connects farmers with commercial produce buyers through its online platform and has sold tens of millions of pounds of surplus and imperfect produce to date.
In recent months, Full Harvest has introduced new tools on its platform to improve the buying and selling experience, said Christine Moseley, founder and chief executive officer. The company also has expanded its leadership team. Nicolas Genest has joined as chief technology officer, and Brenton Keith was named chief financial officer. Both have online marketplace experience. Additionally, Full Harvest added Omar Chaudhry as vice president of product.
"Too much food ends up being wasted while it is still perfectly edible,” said Berry Marttin, member of the managing board at Rabobank. “With our investment into Full Harvest, we support Christine and her team in tackling the very real problem of food waste at the farm level, by allowing farmers to sell all their fresh produce to commercial food producers, including imperfect or surplus produce. Innovations like these are essential to guarantee a safe and sustainable food supply for a growing global population, and are good for people, nature and to tackle climate change.”