Schreiber Ventures Joins Sojo Industries’ $10 Million Series A to Fund Further Investment in Sojo Flight™ and Sojo Shield™
Sojo Industries is an innovative technology firm specializing in mobile manufacturing and supply chain solutions. Founded to address critical challenges in production and logistics, Sojo Industries offers advanced technologies like Sojo Flight™ and Sojo Shield™. These solutions aim to streamline manufacturing processes and improve supply chain management. The company is known for its focus on flexibility, efficiency, and technological integration, making it a key player in the modern food manufacturing landscape.
Schreiber Foods is a global leader in the food manufacturing industry with over $7 billion in annual sales. The company produces a wide range of dairy products and operates an extensive network of production facilities worldwide. Schreiber Foods is recognized for its commitment to innovation and quality in its product offerings.
Partnership Overview
Sojo Industries and Schreiber Foods have announced a strategic partnership designed to enhance Schreiber’s innovation efforts in food and beverage production. This collaboration marks a significant development in the food manufacturing sector, combining Sojo’s advanced technologies with Schreiber’s vast production capabilities.
Technological Integration
As part of the partnership, Sojo Industries will deploy its Sojo Flight™ solution at Schreiber facilities. Sojo Flight™ is a mobile manufacturing system designed to address labor shortages, rising labor costs, and high freight expenses. It enables the production of variety-packs and multi-packs, offering Schreiber increased flexibility and efficiency in its operations.
In addition, Sojo Industries will integrate its Sojo Shield™ platform with Schreiber’s supply chain management system, The Hive™. Sojo Shield™ provides real-time geolocation data and insights, enhancing Schreiber’s inventory management. The Hive™ manages over 4.5 billion pounds of palletized products across more than 30 global locations, and the integration of Sojo Shield™ will optimize tracking and traceability processes.
Funding and Investment
Sojo Industries has secured $10 million in Series A funding, with investments led by Schreiber Ventures and Tech Council Ventures. Schreiber Ventures, a key participant in this funding round, is aligned with Sojo’s strategic goals. Tech Council Ventures, known for its significant portfolio of early-stage investments, has also played a crucial role in this financial boost. This funding will enable Sojo Industries to further develop and expand its technological solutions.
Strategic Implications
The partnership with Schreiber Foods and the successful Series A funding mark significant milestones for Sojo Industries. The collaboration provides Sojo with an opportunity to showcase its technology on a global scale while enhancing Schreiber Foods’ ability to innovate and adapt to industry challenges. The deployment of Sojo Flight™ and integration of Sojo Shield™ are expected to bring substantial improvements in production efficiency and supply chain management.
The alliance between Sojo Industries and Schreiber Foods represents a strategic advancement in the food manufacturing sector. By leveraging Sojo’s cutting-edge technologies and Schreiber’s extensive operational network, both companies are poised to achieve significant enhancements in production and logistics. This partnership underscores Sojo Industries’ role as a transformative force in modern manufacturing and supply chain management.
