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Planet FWD, a Regenerative Food Platform Tackling Climate Change, Announces $2.7 Million in Funding Led by BBG Ventures

Mar 13, 2020•over 5 years ago

Amount Raised

$2 Million

Round Type

seed

Description

 Today, Planet FWD announces $2.7 million in seed funding led by BBG Ventures. The company is building a regenerative food platform to satisfy and grow consumer demand for climate-friendly food products and ensure that farmers are valued for their work as stewards of the land. Additional participating investors include Cleo Capital, Maveron, Kapor Capital, Incite Ventures, Precursor Ventures, Cowboy Ventures, Jane VC and F7 Ventures.

Company Information

Company

Planet Fwd

About

The company went on to launch its Moonshot Snacks brand later in that year. Though Collins declined to go into detail about growth metrics, she did say the company is now working with 25 customers, including Kashi, Pangaia, Just Salad, Numi Organic Tea, Healthy Hippo, Toodaloo and Sweet Loren’s.Planet FWD, aided by an acquisition of climate tech startup CleanMetrics in 2021, also amassed what Collins touts as the “largest Life Cycle Analysis database for agricultural production systems in North America.” It will also go into product development, like more predictive emissions reduction, and supporting existing and new customers.“Supply chains are so complex, and frankly very difficult to manage, and that is why Planet FWD is very much a vertically-oriented solution,” Collin said.