Induction Food Systems Overview

  • Founded
  • 2017
Founded
  • Status
  • Private
  • Employees
  • 3
Employees
  • Latest Deal Type
  • Early Stage VC
  • Latest Deal Amount
  • $30K
Latest Deal Amount
  • Investors
  • 5

Induction Food Systems General Information

Description

Developer of an electric-powered induction heating system intended to improve food production efficiencies. The company's system improves evaporation, pasteurization and sterilization and facilitates process temperature regulation, enabling food and beverage manufacturers to improve efficiency and expand production with on-demand precision heating equipment.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Commercial Products
Primary Office
  • 2609 Discovery Drive
  • Suite 115
  • Raleigh, NC 27616
  • United States
+1 (919) 000-0000

Induction Food Systems Timeline

201820192020
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Induction Food Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Early Stage VC 18-Feb-2020 $30K 00000 Completed Generating Revenue
5. Early Stage VC 10-Apr-2019 00000 00000 Completed Generating Revenue
4. Early Stage VC 16-Jul-2018 00000 00000 Completed Generating Revenue
3. Accelerator/Incubator 16-Jul-2018 00000 Completed Generating Revenue
2. Angel (individual) 26-Apr-2018 $450K $450K Completed Generating Revenue
1. Grant 01-Jan-2017 $7.2M Completed Generating Revenue
To view Induction Food Systems’s complete valuation and funding history, request access »

Induction Food Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an electric-powered induction heating system intended to improve food production efficiencies. The company'
Other Commercial Products
Raleigh, NC
3 As of 2019
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000000000 (000)
Burgos, Spain
000 As of 0000
0000 0000-00-00
000000000000

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0000000000 00000000 (000)
Raleigh, NC
0 As of 0000
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000000000 - 00000
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Induction Food Systems Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hiperbaric Private Equity-Backed Burgos, Spain 000 000000000000
0000000000 Angel-Backed Raleigh, NC 0 00000 000000000 - 00000
0000 00000 Formerly PE-Backed Lund, Sweden 00000 000.00 00000000000 000.00
000 00000000 Corporation Helsingborg, Sweden
To view Induction Food Systems’s complete competitors history, request access »

Induction Food Systems Executive Team (2)

Name Title Board Seat Contact Info
Francesco Aimone Co-Founder, Chief Executive Officer and Board Member
George Sadler Ph.D Co-Founder, Chief Technology Officer and Board Member
To view Induction Food Systems’s complete executive team members history, request access »

Induction Food Systems Board Members (2)

Name Representing Role Since
Francesco Aimone Induction Food Systems Co-Founder, Chief Executive Officer and Board Member 000 0000
George Sadler Ph.D Induction Food Systems Co-Founder, Chief Technology Officer and Board Member 000 0000
To view Induction Food Systems’s complete board members history, request access »

Induction Food Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Induction Food Systems Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Bread & Butter Ventures Venture Capital Minority 000 0000 000000 0
Techstars Accelerator/Incubator Minority 000 0000 000000 0
National Aeronautics and Space Administration Government 000 0000 000000 0
Small Business Innovative Research Grant Government 000 0000 000000 0
United States Department of Agriculture Government 000 0000 000000 0
To view Induction Food Systems’s complete investors history, request access »