Schreiber Foods
Assembly Line
Keychain Hits Over $500 Million Per Month in Project Volume, Secures $15 Million in Additional Funding, and Adds General Mills and Schreiber Foods as Investors
Keychain, a manufacturing platform for the packaged goods industry, announced that it has raised $15 million in new funding. The round was led by BoxGroup, with support from major food companies General Mills and Schreiber, and existing investors including Lightspeed Venture Partners, and SV Angel. Looking toward 2025, Keychain will continue building its depth in the United States food and beverage manufacturing ecosystem. Keychain is ultimately building the platform for all CPG manufacturing globally.
One year after announcing $18 million in seed funding, Keychain has already enabled over 20,000 brands and retailers to search for manufacturers using Keychain’s AI-powered platform. This brings Keychain’s total funding to $33 million. Prior to Keychain, the search and discovery process was time-intensive and convoluted, preventing brands, retailers, and manufacturers from reaching their full potential.
Sojo Industries Partners with Schreiber Foods on Mobile Manufacturing and Next Generation Track and Trace Platform
Sojo Industries, a leading mobile automation and robotics manufacturer for food and beverage assembly, announced that it has partnered with Schreiber Foods, a global food manufacturer with over $7 billion in sales across five continents. Sojo Industries also announced it has raised a Series A round of $10 million with participation from Schreiber Ventures and Tech Council Ventures, an early-stage fund that manages over $175 million.
Sojo Industries is supporting Schreiber’s continued innovation across its food and beverage operations through the use of its proprietary Sojo Flight™ solution. Sojo Flight™ provides brands with mobile manufacturing lines and multiple packaging capabilities that can be moved across the country into different food and beverage production facilities, supporting the growing innovation in the variety-pack and multi-pack categories as well as mitigating rising labor costs, labor shortages and high freight costs.