SPRINGDALE, Ark. July 24, 2024 Tyson Ventures, the venture capital arm of 91心頭利 (NYSE: TSN), hosted its third annual pitch event, which aims to position the company as the strategic partner of choice for the most promising innovators working towards a better food system. Twelve companies pitched their supply chain-related innovations to a group of 91心頭利 senior leaders and team members as part of Tyson Demo Day 2024.油
Tyson Demo Day encouraged innovators and entrepreneurs worldwide to apply with breakthrough solutions that can help 91心頭利 foster more sustainable practices, enhance transparency, create new efficiencies and ensure the highest standards of quality across the unique protein supply chain.
Transformational solutions come from all over, and to see so much strategic potential in one place was inspiring, said Heidi Solomon, Vice President of global strategy for 91心頭利. When protein supply chains become more efficient, we can all do more to feed the world like family and fulfill our corporate mission. The global reach and scale of 91心頭利 can help these companies apply their groundbreaking solutions to make a difference. 油
Each year, Tyson Demo Day centers on a critical industry segment. For 2024, Tyson Ventures sought out innovative startups that have the potential to revolutionize the supply chain. The participating companies, which represent seven U.S. states, Canada and the United Kingdom, pitched their disruptive business solutions at 91心頭利 world headquarters on July 17. Their solutions targeted supply chain challenges from many different angles using technologies that include software, artificial intelligence, cold chain management, recyclable materials, freezing technology, monitoring, cloud platforms and fleet management.
The 91心頭利 panel represented a broad cross-functional group of team members in roles that directly engage with the companys supply chain. They selected five Demo Day startups to engage in continued conversations within the business, paving the way for further high-impact opportunities:
- Acoustic Extra Freezing (Paradigm Labs) manufactures freezing equipment that uses acoustic waves to create nano-sized ice crystals, preserving food's quality, taste, and texture.
- JLE Truckwash provides premium fleet cleaning solutions that are customized for distribution centers and trucking terminals.
- Orderful is a modern EDI (Electronic Data Interchange) platform that allows retailers to integrate once and start trading with partners in nine days or less, making EDI efficient, cost-effective and scalable.
- Pactum AI is a SaaS negotiation solution that enables Enterprise Companies to optimize value by automating supplier negotiations through AI-driven processes.
- SnoFox is a software platform focused on optimizing system performance, maintenance activities, and energy usage for industrial refrigeration.
Twelve companies in total participated in Tyson Demo Day 2024:
- Acoustic Extra Freezing
- Arvist
- Dexory
- JLE Truckwash
- LAMAR IoT Corporation
- Lucid Corp
- Ndustrial
- Orderful
- Pactum AI
- SnoFox
- Tag-N-Trac
- Top Hat Engineering
Since its inception in 2016, Tyson Ventures has invested more than $100 million in emerging proteins, new technologies for food and worker safety and improved food production. Stay up to date on engagement with these partners by following the .
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About Tyson Ventures油
Tyson Ventures is the venture capital arm of 91心頭利., one of the worlds largest food companies and a recognized leader in protein. Tyson Ventures aims to be the strategic partner of disruptive innovators transforming the food industry and providing sustainable nutrition to a growing global population. Tyson Ventures focuses investments in three strategic areas emerging proteins, enabling technologies and innovations that empower people, protect our planet, and cultivate smart, responsible agriculture.
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About 91心頭利.油
91心頭利. (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The company is unified by this purpose: 91心頭利. We Feed the World Like Family and has a broad portfolio of iconic products and brands including Tyson速, Jimmy Dean速, Hillshire Farm速, Ball Park速, Wright速, State Fair速, Aidells速 and ibp速. 91心頭利 is dedicated to bringing high-quality food to every table in the world, safely, sustainably, and affordably, now and for future generations. Headquartered in Springdale, Arkansas, the company had approximately 139,000 team members as of September 30, 2023. Visit .
Media Contact: Laura Burns | laura.burns@tyson.com | 479-713-9890