Company Overview
Snapshot
Founded in January 2019 by Itamar Lupo and Shaul Naschitz, Ripe-Guard operates with 1–10 employees. The company has raised $930,000 across one funding round from two investors. In August 2021, Ripe-Guard secured seed funding to advance its shelf-life prediction technology for fruits and vegetables.
Business overview
Ripe-Guard is developing a technology platform designed to predict the shelf life of fruits and vegetables. The company's core product is a shelf-life prediction system that aims to provide accurate and affordable forecasts of ripening and spoilage dates. This technology serves the agriculture and food industries, specifically targeting the reduction of depreciation and waste within the $2.3 trillion fruit and vegetable market, thereby enhancing efficiency, expanding food supplies, and improving sustainability.
Strategic signal
In August 2021, Ripe-Guard successfully raised approximately 3 million Israeli Shekels in a seed round. This funding validates the market's interest in innovative solutions for food waste reduction and signals investor confidence in Ripe-Guard's predictive analytics technology to address significant challenges in the agricultural supply chain.
Log in to access full profile ›Company Intelligence Q&A
- When was Ripe-Guard founded and by whom?
- Ripe-Guard was founded in January 2019 by Itamar Lupo and Shaul Naschitz.
- What is Ripe-Guard's primary focus?
- Ripe-Guard focuses on developing a technology platform for predicting the shelf life of fruits and vegetables to reduce waste and improve efficiency in the produce industry.
- How much capital has Ripe-Guard raised to date?
- Ripe-Guard has raised a total of $930,000 across one funding round.
- Which investors participated in Ripe-Guard's seed funding round?
- In August 2021, Ripe-Guard secured seed funding from Terralab Ventures and the Israel Innovation Authority.
- What is the employee count at Ripe-Guard?
- Ripe-Guard currently has 1–10 employees.