On December 13, 2023, Silo Technologies, a provider of modern capital and technology solutions for the food supply chain, announced the closing of a $35 million investment from Koch Disruptive Technologies. The investment follows Silo's $32 million Series C round. Wilson Sonsini Goodrich & Rosati advised Silo Technologies on the transaction.
The additional funding will advance Silo's capacity to develop modular solutions that encompass inventory management, freight logistics, enhanced order management, modern payment options, and innovative capital solutions, according to the release.
The Wilson Sonsini team that advised Silo Technologies on the transaction included Seth Helfgott, Robert Broderick, Josh Bronstein, and Jun Hyung Lee.
For more information, please see Silo Technologies’ blog post. Additional information can also be found on The Packer.