Innovating Impact.
Innovating Impact.

Nov 13, 2020

Tags: Energy, Agriculture, Impact Investing,

Factor[e] Ventures Provides Follow-on Funding to S4S Technologies in a USD1.75 Million Pre-Series A Round

Factor[e] Ventures first invested in S4S Technologies during their seed round in December of 2018. The potential of the early-stage venture’s patented solar conduction dryer to create positive social and environmental impact around the world was profound.

Since that investment, Factor[e] worked closely with the founding members to refine their business model, improve their product, and reach additional customers. In the past two years, the S4S team has proven their ability to execute on traction milestones and remain dedicated to their mission of empowering rural women farmers and reducing food waste. We’re excited to come alongside Acumen Fund and C-SAW to invest follow-on funding to scale S4S’ business and impact.

“We are thrilled with the progress that the S4S team has made since we first invested,” commented Seth Silverman, Principal from Factor[e] Ventures. “S4S is transforming agricultural value chains in India and dramatically improving the lives of their rural women partners while meeting the demand for healthy food, which is growing exponentially. Doubling down on S4S was a no-brainer for us.”

The full press release can be found here.

Solar Conduction Dryer

S4S’ solar conduction dryer being used to dehydrate onions in 2019. Photo credit: Jordan Westerberg, Factor[e] Ventures

Factor[e] Ventures is a team of impact venture builders dedicated to supporting the people and ideas that turn challenges in energy, agriculture, mobility, and waste into de-carbonized solutions for emerging and frontier markets. Working across the globe, we bring disruptive innovation to the world’s fastest-growing markets.  We serve as a conduit between philanthropic and commercial investors who are like-minded in their pursuit of sustainable development through market-driven forces.

Contact: info@factore.com