CO-based TraceGains Acquired NutriCalc. a provider of nutritional calculation software. The deal’s total value was not made public.
The supply chain’s capacity to address global safety, environmental, social, and governance (ESG) concerns, innovative product development, and rapidly changing customer preferences is enhanced by the integration of TraceGains and NutriCalc.
Read also – Canada-based Cnergreen Secures $2Million in Seed Funding
TraceGains gains access to NutriCalc’s vast nutritional database as a result of this acquisition. Consequently, TraceGains’ extensive network of more than 70,000 supplier locations and a database including more than 500,000 searchable substances and products is now available to NutriCalc.
Dr. David Bartley founded NutriCalc, a company that offers food labelling and nutrition calculation software to assist professional food firms in meeting the financial obligations of allergy labelling and recipe nutrition standards.
Read also – Arizona-based MY DR NOW Secures $60Million in Funding
TraceGains, under the direction of CEO Gary Nowacki, offers networked compliance and product development solutions made especially for the food and beverage supply chain sector.
It offers businesses a networked business ecosystem and marketplace where suppliers and manufacturers can work together, sell ingredients, create new products, guarantee food safety, do horizon scanning, reduce safety concerns, and adhere to intricate international regulatory standards.
Read also – CO-based Proof Technology Secures $30.4Million in Series B Round Funding
With over 500,000 searchable substances and goods, 73,000 supplier locations, and over 1,200 customers use TraceGains.
About TraceGains
TraceGains is the globally recognized leader in networked compliance and product development solutions designed specifically for the Food and Beverage supply chain industry.
Read also – New York-based Axiom Secures $20Million in Series A Round Funding
TraceGains provides companies with an innovative networked business ecosystem and marketplace that enables manufacturers and suppliers to collaborate, sell ingredients, develop new products, ensure food safety, horizon scan, mitigate safety risks, and comply with complex global regulatory requirements.
About NutriCalc
NutriCalc, the leading European nutrition and food labeling solution, now expands globally. The NutriCalc nutrition calculation software helps professional food businesses reach their recipe nutrition targets and allergen labeling requirements quickly, easily, and within budget.
Read also – WA-based Digs Secures $7Million in Seed Funding
