The world's only provider of actively enhanced atmosphere technology with comprehensive real-time monitoring & control for ocean transport.
FREMONT, CALIFORNIA
Problem they are Solving?
The need to purify, protect, and preserve the world’s food and water from harvest through to transport.
Their Solution?
Sunshields for agricultural crops to protect against solar and water stress, and ozone-based atmosphere management systems for cold transport shipping containers and storage supported by real-time tracking of atmospheric conditions and route information.
Chrysalix take from Portfolio Manager, Mike Sherman
1.
What is the insight that led to Chrysalix investing?
The
global food industry is $7.5 Trillion annually and in drastic need of
innovation. The challenges of increasing production to meet growing populations
require new more efficient and environmental solutions, particularly in the
face of climate change and water scarcity. Globalization has required the
shipping of foods greater and greater distances, while 20-30% of global produce
is harmed or destroyed by decay during transport. Purfresh provides new
solutions to decrease energy and water resource intensity while increasing
yield and food safety through food production and transport, providing
compelling returns to customers.
2.
What is the company’s biggest strength?
Purfresh
has combined sophisticated clean chemistry and food science with a fundamental
understanding of it’s customers from produce growers to shipping lines to
supermarkets. This integrated approach has produced completely unique products
allowing the global food industry to continue to adapt to meet conflicting
demands of sustainability, climate change, globalization, food safety, and
resource scarcity while increasing profitability
3.
What is the implication of this company being successful?
At each stage in the food chain from the grower to storage,
transport, and retailing, Purfresh ensures greater yields of food products
getting to market with higher quality, shelf life, and food safety. Purfresh
maximizes the value for the customer and the profit for the grower, shipper,
and retailer, while decreasing the burden on the environment.
