Torg Revolutionizes Food Sourcing with €2.7M Funding

April 10, 2024, 3:34 am
Torg
Torg
Location: Germany, Berlin
Employees: 11-50
Founded date: 2022
Total raised: $2.93M
Berlin-based startup Torg secures €2.7 million in funding to enhance its AI-powered platform, connecting food service suppliers and buyers. With a database of over 100,000 verified suppliers, Torg aims to streamline the sourcing process for private label and foodservice projects. Co-founders Hans Kristian Furuseth, Ben Holdham, and Rita Kerbaj leverage AI to simplify supplier discovery, communication, negotiation, and financing. The funding, led by Connect Ventures, will fuel platform development and supplier database expansion. Torg's mission is to democratize private label products, create transparent supply chains, and facilitate meaningful business connections. In the evolving food industry, Torg's digital sourcing platform is a game-changer, catering to consumer demands for transparency, certifications, and competitive prices.