MAVRK Capital

🍎💰 New partnership aims to offer farmers predictability in the form of capital. FoodTech 500 alum ProducePay has partnered with MAVRK Capital to fund Predictable Commerce Programs in the fresh produce sector. This partnership aims to help growers and marketers meet the year-round demand of national retailers for high-quality fresh produce with stable pricing, addressing the challenges of volatile supply chains. Through this collaboration, Four Star Fruit Inc, will enable growers participating in the Predictable Commerce Programs to access financing mechanisms that reduce risks by assuring committed demand and pricing. This predictability lowers the financing risks associated with harvests, thereby reducing the overall cost of capital for the entire supply chain. Following a successful table grapes partnership that saw a significant increase in distributed produce, reduced retailer rejections, and minimized food waste, the new partnership aims to further expand and support growers in this innovative model, ultimately contributing to a more efficient, profitable, and sustainable supply chain for retailers. Learn more about ProducePay here: https://lnkd.in/egt8k4qp Read the full PerishableNews.com article for more information: https://lnkd.in/eQ_t2kBv #ForwradFooding #agtech #agriculture #innovation #sustainability #supplychain

ProducePay, an agtech company dedicated to transforming the global agricultural industry, has entered into a significant partnership with MAVRK Capital. This collaboration aims to enhance the Predictable Commerce Programs for fresh produce, with MAVRK Capital committing an initial $500 million in forward flow capital to support top growers globally. ProducePay, an agtech company dedicated to transforming the global agricultural industry, has entered into a significant partnership with MAVRK Capital. This collaboration aims to enhance the Predictable Commerce Programs for fresh produce, with MAVRK Capital committing an initial $500 million in forward flow capital to support top growers globally. https://lnkd.in/eVyarbrF

"We started MAVRK Capital to meet the unique capital needs of our fresh produce grower partners," said Jack Campbell, CEO of Four Star Fruit Inc. "After experiencing the impact of ProducePay's Predictable Commerce Programs on creating global supply chains that meet year-round retail demand for high-quality produce, we're expanding the fund to accelerate our ability to help farmers grow and thrive in this new model." https://lnkd.in/gF27FvQK

We are excited to announce our new partnership. ProducePay, the agtech company on a mission to transform the global agricultural industry into a more predictable, connected and sustainable supply chain, has partnered with MAVRK Capital to fund more Predictable Commerce Programs in fresh produce. MAVRK Capital has agreed to a minimum commitment of $500mm in initial forward flow capital to fund top growers globally.