Ripe-Guard

Shelf-life Prediction System for Produce

Agriculture & Food Technologies
Private

Company Overview

Snapshot

Founded in January 2019 by Itamar Lupo and Shaul Naschitz, Ripe-Guard operates with 1–10 employees. The company has raised $930,000 across one funding round from two investors. In August 2021, Ripe-Guard secured seed funding with Terralab Ventures participating as a lead investor.

Business overview

Ripe-Guard is developing a technology platform focused on predicting the shelf life of fruits and vegetables. The company aims to mitigate significant depreciation and waste within the $2.3 trillion fruit and vegetable industry, where up to 45% of produce is discarded. Its shelf-life prediction system provides accurate and affordable forecasts for ripening and spoilage dates, driving efficiencies across the value chain to reduce costs, expand food supplies, and enhance sustainability in the global fruit and vegetable sectors. Ripe-Guard operates within the Agriculture & Food Technologies sector, specifically targeting Food Tech and Produce Preservation categories.

Strategic signal

In August 2021, Ripe-Guard successfully raised approximately $930,000 in a seed funding round. This capital infusion, with Terralab Ventures as a lead investor, signals strong early-stage validation for Ripe-Guard's innovative shelf-life prediction technology. For investors, this indicates market confidence in the company's potential to address significant waste and efficiency challenges within the agriculture and food industries, positioning it for further development and market penetration.

Company Intelligence Q&A

When was Ripe-Guard founded?
Ripe-Guard was founded in January 2019.
Who are the founders of Ripe-Guard?
The co-founders of Ripe-Guard are Itamar Lupo, who serves as CEO, and Shaul Naschitz, the Chief Scientist.
What is Ripe-Guard's primary focus?
Ripe-Guard focuses on developing a technology platform to predict the shelf life of fruits and vegetables, aiming to reduce waste and improve efficiency in the produce industry.
What was a significant funding event for Ripe-Guard?
In August 2021, Ripe-Guard raised approximately $930,000 in a seed funding round. Terralab Ventures was a lead investor, with participation from Israel Innovation Authority.
How many employees does Ripe-Guard have?
Ripe-Guard currently has 1–10 employees.

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