Fiddlehead Technology, which makes forecasting systems for the food and beverage industries, has closed a $1.8 million round of seed financing from Build Ventures and the New Brunswick Innovation Foundation.

Halifax-based Build Venture accounted for $1.5 million of the round.

Moncton-based Fiddlehead said it will use the money to increase its development and data analytics team, and to expand the sales efforts led by its co-founders David Baxter and Shawn Carver.

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