BRISTOL, PA — Sojo Industries has announced a strategic partnership with Schreiber Foods, a global food manufacturer with over $7 billion in annual sales. The collaboration aims to bolster Schreiber’s innovation efforts in food and beverage production.
Additionally, Sojo Industries has secured $10 million in a Series A funding round. The investment was led by Schreiber Ventures and Tech Council Ventures, an early-stage fund managing over $175 million.
Sojo Industries will support Schreiber’s operations through its Sojo Flight™ solution. This mobile manufacturing system can be deployed across different production sites, aiding in the production of variety-packs and multi-packs. The technology also addresses labor shortages, rising labor costs, and high freight expenses.
“We are super excited to work with the global commercial and engineering teams at Schreiber,” said Barak Bar-Cohen, CEO and founder of Sojo Industries. “With our national footprint built-out, our world-class team is bringing the ‘Sojo Mojo’ and we look forward to this next phase of our journey.”
In addition to Sojo Flight™, Sojo Industries is integrating its Sojo Shield™ platform with Schreiber’s supply chain systems. Sojo Shield™ offers real-time geolocation data and insights, enhancing Schreiber’s inventory management system, The Hive™. The Hive™ manages over 4.5 billion pounds of palletized products across more than 30 locations globally.
“We’re very excited about our new partnership with Sojo,” said Ron Dunford, President & CEO of Schreiber Foods. “Sojo Flight™ enables us to innovate across our facilities and provide our customers with new, scalable, and cost-effective offerings. Sojo Shield™ helps solve critical last-mile challenges as today’s track-and-trace world continues to evolve.”
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