Induction Food Systems
Techstars '18Durham, US · Founded 2017 · Delaware corporation · 4 employees on LinkedIn · 1 known investors
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489 people in our graph share verified history with the Induction Food Systems team — schools, employers, funds. One of them is your warm intro.
John Sabinunlockedknows George Sadler · together at Brigham Young University (overlapped)
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IFS develops industrial heating technology for food processing that improves quality and efficiency in manufacturing. The company serves food and beverage manufacturers seeking better heating solutions.
Founders & leadership
Induction Food Systems was founded in 2017 by Francesco Aimone.
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Francesco AimoneinCEOFrancesco Aimone has worked in hardware and product development across manufacturing and healthcare sectors. He is CEO of Induction Food Systems, which develops low-carbon industrial heating technology for food, chemical, energy, and cement manufacturers.
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George SadlerinCTOGeorge Sadler holds a PhD in Food Chemistry from Purdue and has experience in research roles spanning chemistry, food science, and spectroscopy. As CTO of Induction Food Systems, he leads development of magnetic induction heating technology for industrial thermal processing applications.
Investors · 1
Reported raises · per SEC filings
Form D private placements$627K disclosed across 3 rounds · 2018–2020
▶$425KraisedJan 2022 · 9 investors · OtherRule 506(b)
▶$425KraisedJan 2022 · 9 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- George SadlerExecutive Officer, Director
- Francesco AimoneExecutive Officer, Director
- Offering amount
- $650K
- Amount sold
- $425K
- First sale
- Feb 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$7KraisedApr 2019 · 1 investors · OtherRule 506(b)
▶$7KraisedApr 2019 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- George SadlerExecutive Officer, Director
- Francesco AimoneExecutive Officer, Director
- Offering amount
- $50K
- Amount sold
- $7K
- First sale
- Apr 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$195KraisedJul 2018 · 3 investors · OtherRule 506(b)
▶$195KraisedJul 2018 · 3 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Francesco AimoneExecutive Officer, Director
- George SadlerExecutive Officer, Director
- Offering amount
- $595K
- Amount sold
- $195K
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Induction Food Systems do?
- IFS develops industrial heating technology for food processing that improves quality and efficiency in manufacturing. The company serves food and beverage manufacturers seeking better heating solutions.
- Who founded Induction Food Systems?
- Induction Food Systems was founded by Francesco Aimone in 2017.
- Who are Induction Food Systems's investors?
- Induction Food Systems's investors include Techstars.
- How much funding has Induction Food Systems raised?
- Induction Food Systems has disclosed $627K raised across 3 rounds.
- Where is Induction Food Systems headquartered?
- Induction Food Systems is headquartered in Durham, US.