Inside INdiana Business: Food Tech Company Secures $5M in New Investments
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What started as an artisanal chocolate maker in Indianapolis has transitioned into a food tech startup with a goal to disrupt the industry with its food preservation technology. True Essence, the parent of the SoChatti chocolate brand, has raised more than $5 million in series A2 funding with support from Indy-based Elevate Ventures and other private investors. The company says the funding will allow it to expand its food processes beyond the candy aisle.
“We’ve been very well received by the investment community. It’s been fantastic to see the evolution of this company,” said True Essence founder and Chief Executive Officer Matt Rubin in an interview with Inside INdiana Business. “Our team internally is energized as ever on this next arc of the mission.”