ADFA invests in Springdale online grocery startup

EasyBins’ online marketplace provides consumers with access to in-stock groceries at multiple local area stores.

SPRINGDALE, Ark. — Based in Springdale online grocery startup EasyBins announced on Friday (April 29) a $400,000 matching investment from the Arkansas Venture Capital Development Fund (AVCDF) of the Arkansas Venture Capital Investment Trust (AVCIT).

The Arkansas Development Finance Authority (ADFA) administers the fund and trust. Investment follows EasyBins oversubscription by $2 million late stage seed cycle.

EasyBins’ online marketplace provides consumers with access to in-stock groceries at multiple local stores in their area. Workers consolidate the order at a nearby micro-distribution center, then a single driver delivers it to a temperature-controlled bin.

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