How much funding has Ambrosia raised?

Ambrosia has raised $6.5M in total funding, most recently a Seed round.

Who are Ambrosia's investors?

Ambrosia's investors include SOSV, Newark Venture Partners, Carmelo Anthony, BBG Ventures, Brooklyn Bridge Ventures.

Where is Ambrosia headquartered?

Ambrosia is headquartered in Newark, New Jersey, United States.

What industry is Ambrosia in?

Ambrosia operates in Manufacturing, Sustainability.

Ambrosia

Acquired

Newark, United States · Founded 2015 · $6.5M raised

Manufacturing

Sustainability

Headquarters: Newark, New Jersey
Employees: 1–10
Founded: 2015
Website: ambrosia.io

Total Funding: $6.5M
Last Round: $4.2M SeedDec 2018
Rounds: 3
Acquisition Date: Oct 2020

About

Ambrosia (legally Industrial Organic PBC) is a closed-loop manufacturing company that diverts urban organic food waste from landfills and converts it into circular consumer and commercial products. The firm adapted a lactic-acid fermentation method to sterilize and stabilize organic material indoors without methane emissions, operating a roughly 12,000-square-foot facility in Newark, New Jersey. Its flagship product, Veles, is a food-waste-derived household cleaning spray that reached the consumer market with multiple supporting patents. Co-founded by CEO Amanda Weeks and CTO Brett Van Aalsburg, Ambrosia went through the URBAN-X and SOSV accelerator programs and was acquired by Recycle Track Systems (RTS) in 2020.

Summary

Ambrosia is a Manufacturing company based in Newark, United States, founded in 2015. It has raised $6.5M in total across 3 rounds, most recently a $4.2M Seed round in Dec 2018. Investors include SOSV, Newark Venture Partners and Carmelo Anthony.