Praso bags $9.3M, acquires Flokis IP to simplify food purchasing for Brazilian retailers | TechCrunch

Image for article Praso bags $9.3M, acquires Flokis IP to simplify food purchasing for Brazilian retailers | TechCrunch

News Summary

  • Praso a Brazil based company providing a distribution platform for small retailers secured million in Series A funding
  • It also announced the acquisition of the intellectual property of Floki a company using artificial intelligence to automate the purchases of small bars and restaurants
  • Praso connects large foodservice manufacturers with small retailers like bars restaurants caf s and bakeries and provides a data driven approach to demand generation last mile logistics understanding purchasing behavior and a credit solution
  • The company grew its revenue x and is on track to grow another x by the end of this year
Praso, a Brazilbased company providing a distribution platform for small retailers, secured $9.3 million in Series A funding. It also announced the acquisition of the intellectual property of Floki, [+4255 chars]

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