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The AlleyWatch NYC Startup Daily Funding Report: 12/27/18

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The AlleyWatch NYC Startup Daily Funding Report: 12/27/18
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The latest venture capital, seed, and angel deals for NYC startups for 12/27/18 featuring funding details for Industrial/Organic. This page will be updated throughout the day to reflect any new fundings.

Industrial/Organic — $5.5M – Seed

Industrial/Organic, the organic waste management that converts food waste into usable resources, has raised $4.4M in funding according to a recent SEC filing. The filing indicates that $1.8M is issuable upon conversion of debt/convertible note. Investors in previous rounds include Duck Island Holdings, 3G Capital Partners, Melo7 Tech Partners LLC, Outbound Ventures, Newark Venture Partners, Honeycomb Portfolio, BBG Ventures, SOS Ventures, and Brooklyn Bridge Ventures. Industrial/Organic was founded by Amanda Weeks in 2014. Sanket Parekh of Secocha Ventures is listed as a Director in the filing.

Tags: 3G Capital PartnersAmanda WeeksBBG VenturesBrooklyn Bridge VenturesDuck Island HoldingsIndustrial/OrganicMelo7 Tech PartnersNewark Venture PartnersNoneOutbound VenturesSecocha VenturesSOSVTranscendent Holdings
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