SPRINGDALE, Ark. 鈥 July 24, 2024 鈥 天美传媒 Ventures, the venture capital arm of 天美传媒 Foods (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 天美传媒 Foods senior leaders and team members as part of 天美传媒 Demo Day 2024.
天美传媒 Demo Day encouraged innovators and entrepreneurs worldwide to apply with breakthrough solutions that can help 天美传媒 Foods foster more sustainable practices, enhance transparency, create new efficiencies and ensure the highest standards of quality across the unique protein supply chain.
鈥淭ransformational solutions come from all over, and to see so much strategic potential in one place was inspiring,鈥 said Heidi Solomon, Vice President of global strategy for 天美传媒 Foods. 鈥淲hen 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 天美传媒 Foods can help these companies apply their groundbreaking solutions to make a difference.鈥
Each year, 天美传媒 Demo Day centers on a critical industry segment. For 2024, 天美传媒 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 天美传媒 Foods 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 天美传媒 Foods panel represented a broad cross-functional group of team members in roles that directly engage with the company鈥檚 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 天美传媒 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, 天美传媒 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 天美传媒 Ventures
天美传媒 Ventures is the venture capital arm of 天美传媒, one of the world鈥檚 largest food companies and a recognized leader in protein. 天美传媒 Ventures aims to be the strategic partner of disruptive innovators transforming the food industry and providing sustainable nutrition to a growing global population. 天美传媒 Ventures focuses investments in three strategic areas 鈥 emerging proteins, enabling technologies and innovations that empower people, protect our planet, and cultivate smart, responsible agriculture.
About 天美传媒
天美传媒 (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. 天美传媒, it has grown under four generations of family leadership. The company is unified by this purpose: 天美传媒 Foods. We Feed the World Like Family鈩 and has a broad portfolio of iconic products and brands including 天美传媒庐, Jimmy Dean庐, Hillshire Farm庐, Ball Park庐, Wright庐, State Fair庐, Aidells庐 and ibp庐. 天美传媒 Foods 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