Summer Farm completes a new round of financing led by iStart VC

Summer Farm, a B2B e-commerce platform for the catering supply chain, has recently completed a new round of financing, led by iStart VC. The proceeds will be used for further market expansion and strengthen the supply chain.

Summer Farm, a B2B e-commerce platform for the catering supply chain, has recently completed a new round of financing, led by iStart VC. The proceeds will be used for further market expansion and strengthen the supply chain.

Established in 2016, Summer Farm is a B2B e-commerce platform for the catering supply chain that transforms the upstream players and opens the platform to introduce other brands and build a one-stop platform to increase the loyalty of downstream business clients.

Kong Huawei, partner of iStarting VC, believes that there are two difficulties in SaaS of the supply chain, logistics and cash flow.

Because SaaS is a matter of information flow, it’s only possible by combining logistics and capital flow. Summer Farm has been exploring in the field of “leisure catering” and provides merchants with end-to-end delivery service of fruit and dairy products.

The company has very deep industry knowledge accumulation, and can expand across product categories. It is a rare intelligent supply chain platform.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/summer-farm-completes-a-new-round-of-financing-led-by-istart-vc/.

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