About EVIGENCE SENSORS
EVIGENCE SENSORS is a company based in Nesher (Israel) founded in 2004.. EVIGENCE SENSORS has raised $28 million across 2 funding rounds from investors including Cleveland Avenue, Planet Capital Limited and Landa Ventures. EVIGENCE SENSORS offers products and services including Freshness Management Platform, Sensors, and MilkFresh App. EVIGENCE SENSORS operates in a competitive market with competitors including Trax, Strella Biotech, Hivery, ClariFruit and Allergy Amulet, among others.
- Headquarter Nesher, Israel
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Sectors
TechnologyConsumer Retail
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series B
Jan 17, 2023
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Investors
Cleveland Avenue
& 3 more
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Employee Count
Employee Count
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Products & Services of EVIGENCE SENSORS
EVIGENCE SENSORS offers a comprehensive portfolio of products and services, including Freshness Management Platform, Sensors, and MilkFresh App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for real-time food freshness data analysis and optimization.
Devices that monitor temperature and time in food shipments.
App for tracking breast milk freshness during delivery.
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Funding Insights of EVIGENCE SENSORS
EVIGENCE SENSORS has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $18.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - EVIGENCE SENSORS | Valuation | Cleveland Avenue | |
| Jun, 2018 | Amount | Series A - EVIGENCE SENSORS | Valuation | Food Retail Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EVIGENCE SENSORS
EVIGENCE SENSORS has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Cleveland Avenue, Planet Capital Limited and Landa Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital is provided to food and retail tech startups.
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Founded Year | Domain | Location | |
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Cleveland Avenue is engaged in venture capital investments globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EVIGENCE SENSORS
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EVIGENCE SENSORS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evigence Sensors Comparisons
Competitors of EVIGENCE SENSORS
EVIGENCE SENSORS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trax, Strella Biotech, Hivery, ClariFruit and Allergy Amulet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based analytics solutions for retail shelf management are delivered.
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| domain | founded_year | HQ Location |
Gas chromatography biosensors for fruit ripeness sensing are manufactured.
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| domain | founded_year | HQ Location |
Analytics solutions for vending fleet management are provided.
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| domain | founded_year | HQ Location |
Developer of app-based quality control software for fruits and vegetables
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| domain | founded_year | HQ Location |
Portable food allergen sensors are offered via an online platform.
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| domain | founded_year | HQ Location |
Retail operations are optimized by Zippedi using AI and robotics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evigence Sensors
Frequently Asked Questions about EVIGENCE SENSORS
When was EVIGENCE SENSORS founded?
EVIGENCE SENSORS was founded in 2004 and raised its 1st funding round 14 years after it was founded.
Where is EVIGENCE SENSORS located?
EVIGENCE SENSORS is headquartered in Nesher, Israel. It is registered at Nesher, Haifa District, Israel.
Is EVIGENCE SENSORS a funded company?
EVIGENCE SENSORS is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2018.
What does EVIGENCE SENSORS do?
Developer of sensors for monitoring the shelf life of perishable products. The platform offers visual freshness sensors that change color to indicate the products remaining shelf life based on its actual aggregate temperature history. It enables retailers and suppliers to adopt them on a unit level in order to monitor and manage supply chains of temperature-sensitive foods. The sensors can also be read by smartphones, creating digital data points of actual remaining shelf life at each point in the supply chain, which can be fed into distributed ledger databases.
Who are the top competitors of EVIGENCE SENSORS?
EVIGENCE SENSORS's top competitors include Trax, Allergy Amulet and Hivery.
What products or services does EVIGENCE SENSORS offer?
EVIGENCE SENSORS offers Freshness Management Platform, Sensors, and MilkFresh App.
Who are EVIGENCE SENSORS's investors?
EVIGENCE SENSORS has 4 investors. Key investors include Cleveland Avenue, Planet Capital Limited, Landa Ventures, and Food Retail Ventures.