Seed Crowdfunded on OurCrowd, Silo Launches Pre-Sale Campaign on Kickstarter

Silo, a company that was seed funded on investment platform OurCrowd, has launched their patented one-touch vacuum-sealing system on Kickstarter. Silo is seeking a minimum amount of $80,000 in orders.

Silo is part of OurCrowd’s AI focused fund Cognitiv Ventures, Israel’s most active AI investor with 18 initial investments to date. Silo received a second round of investment from Cognitiv Ventures, joined by other strategic investors, FKA brands, who are known for brands such as Homedics, House of Marley, Salter and more.

The Silo team has decades of experience in product design and development in kitchen and food industry products. The move to Kickstarter should help promote product awareness by leveraging the marketing reach of the rewards platform.

Silo has a built-in Alexa voice interface which enables users to automatically track food consumption and inventory as well as an app so users can monitor their personal inventory. It also includes spoilage notification to reduce waste by telling users when to consume their food, when to throw it away, and when to buy more.

Silo Founder and CEO, Tal Lapidot, says that nobody remembers when they put food in the fridge.

“We know that the only true way to enable you to enjoy your food for longer is if Silo remembers and manages your inventory for you. The last piece of the puzzle was the built-in Alexa interface, as voice control is so useful in the kitchen environment, where your hands aren’t always free.”

OurCrowd is one of the largest investment crowdfunding platforms in the world which is on track to top $1 billion in investment during 2018.


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