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Local Crate Raises $1.4 Million In Seed Funding Round

Local Crate Raises $1.4 Million In Seed Funding Round
Credit: localcrate.com

Techstars alum Local Crate gained $1.4 million in a seed funding round led by Midwestern-based firms The Syndicate Fund, Matchstick Ventures, M25 Group, and Router Ventures. A select group of Minnesota angel investors also contributed.

Local Crate delivers seasonal meal kits in partnership with chefs and local farmers. Recipes and pre-portioned ingredients are sourced locally by growing region, reducing food and packaging waste. Additionally, Local Crate strives to nourish communities by giving back to hunger relief efforts.

Local Crate will use the funding to fuel market and channel growth.