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1 5 million raised in funding round to reduce food waste

1.5 million raised in funding round to reduce food waste The Dutch Food Tech company, OneThird, has raised funding of 1.5 million euro from investors SHIFT Invest and Oost NL. The equity raised will be used to accelerate the development of OneThird’s fresh produce quality prediction platform and expand pilots with retail customers. The company has also expanded its technical team through the acquisition of AI specialist firm, Impact Analytics, adding additional expertise in (spectral) imaging and analysis. OneThird will run their operations from Kennispark Twente. Reducing food waste The United Nations identify food waste as one of the major sustainability challenges and address it with the Sustainable Development Goal 12.3. One-third of food is currently wasted, and the urgent call for action is to halve this by 2030. Major retailers and their supply chain partners have teamed up in the coalition called Champions 12.3 dedicated to inspire ambition and action to achieve this goa

citybizlist : Washington DC : Impact Analytics Named One of The Americas Fastest Growing Companies by Financial Times, 2nd time in a row

4/15/21 Impact Analytics, Inc. a leading provider of AI-based SaaS solutions for planning and merchandising for the retail industry, has been recognised by the Financial Times, in their list of The Americas Fastest Growing Companies, for a second consecutive year. Impact Analytics is ranked #86 on the 2021 list after being ranked #51 in 2020. Impact Analytics is the only retail focused SaaS product company on the list that includes SmileDirectClub, Bombas and Beyond Meat alongside them. The Financial Times Americas Fastest Growing Companies list recognizes the most innovative and fastest growing companies in seven countries across North and South America. The 500 companies recognized are ranked based on highest compound annual growth rate (CAGR) in revenue between 2016 and 2019. The full report and analysis of this year s ranking can be viewed here.

ETtech Morning Dispatch on Feb 24, 2021: Grofers is getting SPACed, Amazon readies NPCI rival

ETtech Morning Dispatch on Feb 24, 2021: Grofers is getting SPACed, Amazon readies NPCI rival Want this newsletter delievered to your inbox? SUBSCRIBE We ll soon meet in your inbox. / Newsletters Good morning, It seems SPACs are everywhere these days. Grofers, the online grocery startup, is looking at going public in the US by merging with a blank-check company aka a SPAC floated by Cantor Fitzgerald, an investment bank and financial services company headquartered in New York. In other news, NPCI and by extension, UPI could soon see competition from the likes of Amazon and Visa. India’s Hi, it’s Samidha. An Indian founder told me recently that his company was “SPACable” yes, that’s an adjective now! It basically means that the startup is ready to take a plunge into SPACland.

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