Business Wire | November 2015
915 Labs, the exclusive provider of a revolutionary new food processing and packaging technology called Microwave Assisted Thermal Sterilization (MATS), exceeded aggressive product development targets with proceeds from its recent $3 million initial round of funding. The use of funding includes engineering and designing the MATS-150 commercial-scale system and supporting international food companies in developing new products with MATS, a transformative technology that will enable the consumer packaged goods (CPG) sector to meet growing consumer demand for high-quality, natural and additive-free packaged food. The total invested to date in the MATS technology, including R&D investment, is $25 million. [continue reading]
Source: 915 Labs Leads the Food Processing Revolution Fueled by $3 Million in Funding