Induction Food Systems

Food & Beverages · Food Technology

Overview

IFS helps food & beverage manufacturers improve efficiency and expand production with on-demand precision heating equipment. Induction Food Systems is a foodtech startup.

Funding and backers

Total raised
$195k
3 rounds on record
Latest round
$195k
Venture round · Jun 2018 · 8 yr ago
Backers
1
Techstars
The money's age
Long since its last round
100 months since the last round · not hiring
Momentum
0/100
no fresh signals
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Feb 5, 2020 Took on debt financing $425k · SEC Form D Apr 5, 2019 Took on debt financing $7k · SEC Form D Jun 15, 2018 Raised a round Venture round $195k · SEC Form D 2017 Founded
Funding rounds
RoundDateAmountInvestorsSource
Debt Financing Feb 2020 $425k — SEC Form D
Debt Financing Apr 2019 $7k — SEC Form D
Venture round Jun 2018 $195k — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity Induction Food Systems, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Francesco AimoneExecutive Officer, DirectorSEC Form D
George SadlerExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Techstars accelerator
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Financials

Total raised
$627k
Latest round
Debt Financing
Funding rounds
3
Funding rounds
Round Announced Amount
Debt Financing 2020 $425k Details
Debt Financing 2019 $7k Details
Venture - Series Unknown 2018 $195k Details

People

Francesco Aimone
Executive Officer, Director
SEC Form D
George Sadler
Executive Officer, Director
SEC Form D
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Connections

List
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Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors1
TechstarsVia a fund
4363 portfolio companies
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Offices

Where the company hires and what each office is for
Cities
2
Hiring now
0
Countries
1
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Headquarters Builds here Office with open vacancies No open vacancies right now Tap a pin for the office
Durham United States
HQ
Raleigh United States
Regional office
2609 Discovery Drive, Raleigh, NC, 27616, US
company site