Sojo Industries Partners with Schreiber Foods, Raises $10 Million in Series A Round

Sojo Industries

BRISTOL, PASojo Industries has announced a strategic partnership with Schreiber Foods, a global food manufacturer with over $7 billion in annual sales. The collaboration aims to bolster Schreiber’s innovation efforts in food and beverage production.

Additionally, Sojo Industries has secured $10 million in a Series A funding round. The investment was led by Schreiber Ventures and Tech Council Ventures, an early-stage fund managing over $175 million.

Sojo Industries will support Schreiber’s operations through its Sojo Flight™ solution. This mobile manufacturing system can be deployed across different production sites, aiding in the production of variety-packs and multi-packs. The technology also addresses labor shortages, rising labor costs, and high freight expenses.

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“We are super excited to work with the global commercial and engineering teams at Schreiber,” said Barak Bar-Cohen, CEO and founder of Sojo Industries. “With our national footprint built-out, our world-class team is bringing the ‘Sojo Mojo’ and we look forward to this next phase of our journey.”

In addition to Sojo Flight™, Sojo Industries is integrating its Sojo Shield™ platform with Schreiber’s supply chain systems. Sojo Shield™ offers real-time geolocation data and insights, enhancing Schreiber’s inventory management system, The Hive™. The Hive™ manages over 4.5 billion pounds of palletized products across more than 30 locations globally.

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“We’re very excited about our new partnership with Sojo,” said Ron Dunford, President & CEO of Schreiber Foods. “Sojo Flight™ enables us to innovate across our facilities and provide our customers with new, scalable, and cost-effective offerings. Sojo Shield™ helps solve critical last-mile challenges as today’s track-and-trace world continues to evolve.”

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