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Avery Law advised UnderstockMe on its seed fundraising with Haatch Ventures.
UnderstockMe connects large suppliers and producers of quality food to buyers such as restaurants, meal delivery services and small retail. Commercial buyers can snap up impressive bargains for premium-quality wholesale lots, sometimes up to 90% off the wholesale list prices.
The team hopes to shine a light on the enormous world of surplus food in the supply chain, previously an almost exclusive domain of hustlers and offline surplus brokers.