- The agricultural produce treatment space has been active in recent years, attracting more than $26 billion in new investment in 2020
- In May 2021, Save Foods Inc. closed on a $12 million public offering and uplisted its shares to the Nasdaq
- The company has seen rapid movement from successful pilots with packing houses and food retailers
- Save Foods Inc. products present prospective competitors multiple barriers to entry, including a short time to market, zero toxic residues and addressing both spoilage and food safety
- The company has an exclusive agreement with PlanetAgro for distribution of Save Foods’ products in Mexico
Save Foods (NASDAQ: SVFD) is an agri-food tech company focused on developing and selling eco-friendly products specifically designed to ensure food safety and extend the shelf life of fresh fruits and vegetables. The company is focused on addressing two of the most significant challenges faced by the industry: (1) food waste and loss, and (2) food safety.
Fungi like mold and yeast, as well as foodborne pathogens, are typically responsible for fresh produce spoilage and foodborne illness. Save Foods’ integrated solutions improve safety, freshness and quality every step of the way, from field to fork. The company’s natural products control…
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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