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Benzinga
Benzinga
Business
Paula Tudoran

NBA Star Stephen Curry Adds Another Win Off The Court As Penny Jar Capital Fuels Burnt's $3.8M AI Push Into Food Industry

Stephen Curry NBA
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A fourth-generation entrepreneur who spent years working in a shrimp factory just convinced Penny Jar Capital, where NBA star Stephen Curry serves as special advisor, to bet on his vision to fix the $9 trillion food industry’s biggest problem: mountains of wasted time.

Burnt announced Sept. 25 that it raised $3.8 million in seed funding led by Penny Jar Capital. The San Francisco-based startup plans to use the capital to build AI-powered automation tools for food supply chain operations currently stuck in legacy systems requiring manual data entry.

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