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Yamaha Motor Ventures Co-Leads Seed Funding Round for Food Supply Chain Technology Startup Strella Biotechnology

Apr 30, 2020•about 5 years ago

Round Type

seed

Silicon Valley

Description

Yamaha Motor Ventures & Laboratory Silicon Valley (“YMVSV”), the strategic business development and investment arm of Yamaha Motor Co., Ltd. (“YMC”) (Tokyo: 7272), today announced it co-led a $3.3 million seed funding round for Strella Biotechnology (Strella Biotech), an early stage agriculture technology team. Strella Biotech brings shelf life visibility to the fresh produce supply chain. The Company’s technology combines novel IoT biosensors with actionable insights to maximize freshness and reduce spoilage of fruit

Company Information

Company

Yamaha Motor Ventures

Location

Silicon Valley, California, United States

About

Yamaha Motor Ventures & Laboratory Silicon Valley, Inc. (Yamaha Motor Ventures) is a wholly owned subsidiary of Yamaha Motor Co., Ltd. (YMC). Founded in 2015 in support of YMC’s long-term goal to contribute to society through business, Yamaha Motor Ventures manages the Yamaha Motor Exploratory Fund, a USD $100 million investment fund with a 10-year lifecycle focused on seed to Series B investments. Headquartered in the home of innovation, Silicon Valley, Calif., Yamaha Motor Ventures offers a wealth of business development resources to startup companies to drive innovation forward in the fields of mobility, sustainability, robotics, food and agriculture, health and wellness, and aviation.

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