BUSINESS DESCRIPTION
This agricultural technology packaging systems company is seeking $3M in capital to market its innovative technology and build an inventory of branded, commercialized products. The business has completed significant R&D and multiple patents have been awarded or are pending in the USA and other 31 countries protecting 3 innovations. The company’s branded technology is a complete system for the preservation of fresh fruit, vegetables and flowers during extended periods of shipping and storage using Modified Atmosphere Packaging. Its products are designed to impact the world-wide supply of fresh food and floral supply chains by:
1. Reducing logistical, spoilage and handling costs
2. Enabling consumers to enjoy better tasting fresh food anywhere and in any season
3. Significantly reducing food safety risks
4. Decreasing the industry’s carbon footprint
5. Improving the value, selection and quality of domestic and developing countries’ food export
The business has and continues to employs a targeted approach to obtain Modified Atmosphere Packaging system users and includes an existing client base in North America, Mexico, South Africa and Brazil. Presently, the company has sold and distributed over 350,000 units to distant locations.