Wheelocity, a F&V supply chain startup that provides fresh produce to quick commerce companies, announced a $12 million Series A funding round on Tuesday.
The capital will be used by the Chennai-based startup to develop new farm products, allowing its customer base to grow quickly and driving efficiencies throughout the F&V supply chain.
Wheelocity, which was founded in September 2021, also aims to dramatically reduce/eliminate food waste through technology-powered supply chains, as well as develop technological capabilities such as IoT-based packing units, AI-based work solutions, and warehouse/logistics automation.