TLDR:
- Tyson Foods held a pitch event for startups focusing on supply chain innovation
- Selected five companies to work with Tyson Foods to improve efficiency and applications
Tyson Ventures, the venture capital arm of Tyson Foods, recently hosted a pitch event for startups with technology aimed at improving the supply chain. The event featured 12 companies presenting innovative technology solutions. The selected five companies will work with Tyson Foods to discuss potential applications and scaling for supply chain enhancements.
The companies chosen to work with Tyson Foods include Bentonville-based Paradigm Labs, Washington-based JLE Truckwash, California-based Orderful, California-based Pactum AI, and New York-based SnoFox. These companies offer technology solutions such as freezing equipment, fleet cleaning solutions, EDI platforms, AI-driven processes for supplier negotiations, and software platforms for optimizing industrial refrigeration.
Since 2016, Tyson Ventures has invested over $100 million in emerging proteins, food and worker safety technologies, and improved food production. The focus on supply chain innovation aligns with Tyson Foods’ mission to create a better food system and improve efficiency in protein supply chains.