Chicago Tech Funding Surpassed $124M Including Hazel Technologies

Chicago tech funding has been on the rise, with $124M invested in Chicago-based companies in March 2018 alone. Among those companies invested in, is Hazel Technologies - a Serra Capital III portfolio company. Hazel Technologies is developing new solutions to reduce waste in order to improve the efficiency of the fresh produce supply chain.

Source: https://www.americaninno.com/chicago/funding-chicago/chicago-tech-funding-surpassed-124m-in-march/

Hazel Technologies Completes Pear Trials With Cornell University

Hazel Technologies, a Serra Capital III portfolio company, has announced the successful completion of research trials with Cornell University to validate a new post-harvest quality technology for fresh pears. Hazel Technologies is developing new solutions to reduce waste in order to improve the efficiency of the fresh produce supply chain. The HazelĀ® Product Line is a suite of packaging inserts that extend the shelf life of ethylene sensitive produce.

The study found that pears treated with HazelĀ® Pear product had three-times longer shelf life and 95 percent internal color retention following three weeks of treatment.