Moncton, New Brunswick-based Fiddlehead Technology Inc has received $1.8 million in seed-stage funding. The round was led by Canadian venture capital firm Build Ventures, and was joined by the New Brunswick Innovation Foundation. Launched in 2013, Fiddlehead is a provider of predictive forecasting solutions aimed at improving the food and beverage industry’s supply chain. It developed its technology in collaboration withMcCain Foods Ltd. The company said it will use funds raised to add data science and development staff, and expand North American sales and marketing efforts.
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