What does Tastewise do?
Tastewise offers a cutting-edge Gen-AI platform that transforms trend data into marketing and sales execution for the food and beverage industry. Its solution leverages food-specific data and AI to help brands make informed decisions and execute successful campaigns.
How much did they raise?
The company raised $50M in a funding round led by TELUS Global Ventures, with participation from Duo Partners, Peakbridge, Disruptive AI, and PICO. This round brings its total funding to $72M.
What are their plans for the money?
With the new funds, Tastewise plans to accelerate its expansion in North America, Europe, and APAC, while broadening its toolset and deepening integration with marketing tech stacks. This investment is expected to enhance the platform's capabilities and significantly impact the food and beverage sector.
What have they achieved so far?
Tastewise has made significant strides by partnering with industry giants such as PepsiCo, Kraft Heinz, Mars, and Givaudan, demonstrating its ability to deliver effective marketing and sales solutions using its AI-powered platform.