Fundraising Fox

SinnovaTek

Raleigh, US · Founded 2016 · Delaware corporation · 1 known investors

SinnovaTek develops aseptic and advanced thermal food processing technology and manufacturing equipment, and offers R&D, engineering, and precision-scale aseptic copacking services for food companies. It also provides the VITERO protein-polyphenol ingredient technology and product development and piloting support.

Founders & leadership

AV
Amanda VargochikExecutive
MD
Michael DrugaNamed on SEC filing
JS
JOSIP SIMUNOVICNamed on SEC filing

Investors · 1

Reported raises · per SEC filings

Form D private placements

$5.1M disclosed across 2 rounds · 2016–2021

$5MraisedSep 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim HasslerDirector
  • Worth HarrisDirector
  • Jim HolbrookDirector
  • Amanda VargochikExecutive Officer, Director
  • Josip SimunovicDirector
  • Michael DrugaExecutive Officer, Director
Offering amount
$5M
Amount sold
$5M
Minimum investment
$5M
First sale
Jul 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$100KraisedNov 2016 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael DrugaExecutive Officer, Director
  • Amanda VargochikExecutive Officer, Director
  • JOSIP SIMUNOVICDirector
Offering amount
$100K
Amount sold
$100K
First sale
Oct 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 4

by search overlap

Companies competing with SinnovaTek for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of Agriculture (USDA)Phase II2021$649.9K
Department of Agriculture (USDA)Phase I2020$100K
Department of Agriculture (USDA)Phase I2018$97.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does SinnovaTek do?
SinnovaTek develops aseptic and advanced thermal food processing technology and manufacturing equipment, and offers R&D, engineering, and precision-scale aseptic copacking services for food companies. It also provides the VITERO protein-polyphenol ingredient technology and product development and piloting support.
Who are SinnovaTek's investors?
SinnovaTek's investors include Wolfpack Investor Network.
How much funding has SinnovaTek raised?
SinnovaTek has disclosed $5.1M raised across 2 rounds.
Where is SinnovaTek headquartered?
SinnovaTek is headquartered in Raleigh, US.