Evigence Sensors

Real-time Freshness Monitoring That Reduces Food Waste

Agriculture & Food Technologies
Private

Company Overview

Snapshot

Founded in September 2004 by Yoav Levy and Yoav Eichen, Evigence Sensors operates with 11–50 employees. The company has raised $29 million across 5 funding rounds from 5 investors, with Cleveland Avenue leading its Series B round in January 2023.

Business overview

Evigence Sensors provides a freshness management system that integrates sensors and data analytics to monitor and manage food freshness in real time, at the unit level, across the entire supply chain. Its core technology involves sensors applied at the point of packing that react to aggregate time and temperature exposure. These sensors can be scanned digitally or read visually to provide instant freshness checks. The collected data is then uploaded to the Evigence Insights Engine, offering visualization, analytics, and actionable insights for food brands, retailers, and food service providers to inform decision-making and reduce food waste. The company operates within the Agriculture & Food Technologies sector, focusing on food safety and supply chain optimization.

Strategic signal

Evigence Sensors' successful $18 million Series B funding round in January 2023, led by Cleveland Avenue, signals strong investor confidence in its real-time freshness monitoring technology. This capital infusion is crucial for scaling its solutions, expanding market reach, and further developing its data analytics capabilities, indicating a positive trajectory for the company in addressing food waste and supply chain efficiency.

Company Intelligence Q&A

What was Evigence Sensors' most recent funding round?
In January 2023, Evigence Sensors raised $18 million in Series B funding. The round was led by Cleveland Avenue.
Which investors participated in the January 2023 Series B round?
The Series B funding round in January 2023 saw participation from Cleveland Avenue.
When was Evigence Sensors founded and by whom?
Evigence Sensors was founded in September 2004 by Yoav Levy and Yoav Eichen.
What was a notable partnership for Evigence Sensors in 2019?
In October 2019, Evigence Sensors partnered with Jarja Floral to develop a monitoring device specifically designed to measure flower freshness.

External links