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Start-Up Gets Venture Cash It Needs To Market Its Food Waste Solution

April 11, 2016: 12:00 AM EST
A Redmond, Wash.-based start-up has raised more cash in a third financing round, bringing the total to $30 million, to support further development and marketing of a machine that reduces food waste by turning unsold and scrap food into a useful product. WISErg's machine, called the Harvester, is used by food stores to dispose of food waste. Customers include Whole Foods Market, Costco and PCC Natural Markets. The Harvester grinds food waste into a slurry that the company takes and processes into a fertilizer that can be used on organically grown crops. There are Harvesters in more than 20 locations in Seattle alone.
Rachel Nielsen, "From food waste to fertilizer: Redmond startup attracts $12.3M", Business Journals, April 11, 2016, © American City Business Journals
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