Industrial automation company Sojo Industries raised $40 million in Series B financing round led by S2G Investments to ramp up the distribution of its modular robotic packaging systems and track-and-trace software platform.
The company’s patented Sojo Flight system, a mobile packaging line that can be deployed on-site in under an hour, and Sojo Shield, its blockchain-enabled logistics software, have attracted interest from Fortune 500 brands and co-manufacturers navigating an increasingly fragmented and inflexible CPG supply chain, according to Sojo.
“This investment marks a pivotal moment in our journey,” said Barak Bar-Cohen, founder and CEO of Sojo Industries. “As consumer demand for variety and customization accelerates, brands are increasingly challenged by legacy packaging models that are slow, inflexible and costly.”
Bar-Cohen said the funding round was highly competitive and that Sojo chose S2G as the best fit because of its the firm’s strategic support and strong network of tech partners and portfolio companies.
“We view this investment as ‘the last money in’ on Sojo’s path to profitability and a self-sustaining business model,” Bar-Cohen added.
Sojo’s customers already cut more than five million freight miles by streamlining transportation, showing the company’s potential to reduce emissions and boost efficiency on a large scale, according to Sojo.
The funding follows Sojo’s $10 million Series A funding and partnership with global food manufacturer Schreiber Foods in 2024. The collaboration leveraged Sojo Flight’s technology across Schreiber’s network, providing mobile manufacturing lines with diverse packaging capabilities.
Addressing pain points in legacy packaging models
Bar-Cohen said the decision to raise capital now was driven by both accelerating customer demand and a strategic opportunity to expand Sojo’s national footprint.
“The pain points we are solving around freight, packing inefficiencies and supply chain visibility are very much real and growing,” he said.
S2G, an investment firm focused on food, agriculture, energy and ocean sectors, pointed to Sojo’s ability to help big brands operate more efficiently and adapt more quickly
“Sojo is addressing a core pain point in the food and beverage supply chain,” said Matthew Walker, managing director of S2G’s food and agriculture strategy. “As complexity grows, brands need more agility, and traditional workflows that have multiple handoffs and limited ability to adapt to dynamic market demands are no longer sustainable,” he said.
Scaling across verticals and geographies
Sojo plans to use the new funding to scale Sojo Flight deployments, enhance the Sojo Shield platform, and expand automation across its “atoms to bits” packaging and logistics stack, per the company.
The investment also enables Sojo to further automation and robotics at its hubs in Pennsylvania, Texas, Indiana and California, and expand into verticals, such as food, dairy, snack, pet food and health and beauty.
