A pioneering American company paving the way for the next generation of food industry game-changers has secured $13 million in new funding.
Pilotworks provides end-to-end solutions for food innovators, including flexible kitchen spaces and mentorship support, to enable great ideas to reach the market.
To date the company has helped nearly 300 businesses get off the ground, which have been ‘70% women and minority-owned’.
On receiving the multi-million dollar investment, led by Techstars Ventures and Acre Venture Partners, Pilotworks CEO and co-founder Nick Devane, said: “We’re very excited to add so many great strategic partners and continue our work of empowering anyone to start a food business successfully. We will be adding new units: Newark just opened, and Chicago and Dallas are slated to open in December alongside our existing kitchens in Brooklyn, Portland, and Providence, as well as furthering our presence in New York City. We are also excited to continue expanding our services and offerings across the entire food stack.”
Speaking about the move at the time, Emily Waldorf, Vice President of Corporate Strategy at Campbell Soup Company said: “We believe that supporting the next wave of food entrepreneurs is critical to cultivate the future of real food.”