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Food Tech Startup Brings In $9.2 Million

Electronics Startup Tovala Brings In $9.2 Million
Credit: tovala.com

Chicago-based food-tech company Tovala closed $9.2 million in financing, led by Origin Ventures. Pritzker Group Venture Capital and Y Combinator also participated.

Tovala produces smart countertop steam ovens for users of its weekly meal delivery service. Users put their pre-prepped, selected meals in the steam oven, scan the barcode, and the oven gets Tovala chefs’ cooking instructions from the cloud to steam, bake, and broil the food.