Hazel Technologies

Overview
News
Food Waste?
Product stageSegments
Expansion
?
Waste Prevention Technologies
?

Hazel Technologies is a United States Department of Agriculture (USDA)-funded technology company that develops packaging that releases vapors that slow the aging process and prevent fungus or decay. Its solution is claimed to double the shelf life of produce. Hazel operates a B2B business that targets large enterprises. The company has reported treating 5 billion lbs of produce as of October 2024, saving about 4 billion lbs from going bad. The company has a target to save one billion lbs of produce from going to waste by the end of 2021. Hazel operates in 13 countries across the US, South America, and Europe, as of October 2024. 

Hazel works with around 250 food service and produce companies including the likes of Sysco, Mission Produce, Zespri, Calavo, and Oppy. As of October 2024, the company offers Hazel Endure, its antimicrobial packaging for berries, grapes, and other fruit, which uses an anti-fungal pad to extend the shelf life and quality of fruits and other produce.

Key customers and partnerships

Hazel Technologies has formed several partnerships to reduce food waste and extend the shelf life of various produce. These included collaborations with Mission Produce for avocados in July 2020, Migiva Group for grape trials in March 2021, Specialty Crop Company for figs and Symms Fruit for apples in May 2021, Oppy and Brar Farms for California-grown table grapes in July 2022, and Kliewer Farms for kiwifruit in November 2022.

HQ location:
3440 S Dearborn St Unit 112 S Chicago IL USA
Founded year:
2015
Employees:
101-250
IPO status:
Private
Total funding:
USD 95.9 mn
Last Funding:
USD 8.2 mn (Undisclosed; Nov 2024)
Last valuation:
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