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NEW YORK – Climate fintech company Queen of Raw has secured new funding, which will be used to advance Materia MX – a software service enabling companies to sell excess inventory.

According to the US firm, its industry clients waste as much as 15 per cent of the stock they purchase.

“At that volume, waste isn’t just environmentally irresponsible – it’s a financial risk,” said Stephanie Benedetto, the female founder and CEO of Queen of Raw.

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