OneThird is a Netherlands-based food tech company that predicts the shelf life of produce using AI. The company offers an AI-powered scanning technology that allows growers, food distributors, retailers, and consumers to predict the shelf life of fresh produce accurately. It provides real-time information to supply chain stakeholders to make informed decisions that minimize food waste, such as optimizing best-before codes, choosing to ship the produce locally or over a shorter distance to maintain shelf-life, or converting the produce into other products like smoothies, dry frozen products, soups, and more.
OneThird claims to have developed a different method of predicting shelf life than the typical approach. According to the company, most quality control is based on lab-based measurements like brix or acidity that require destructively testing a sample of the produce. OneThird's method eliminates the need to destroy any part of the produce or send it to the lab. Its handheld scanner can predict shelf life within a second and with an accuracy of +/- 1 day.
As of April 2023, the technology covers tomatoes, strawberries, blueberries, and avocados, and is set to expand to a total of ten produce types by late 2023. The company is yet to commercialize successfully and is looking to enter new markets in North America and Europe, as well. The company targets preventing 150 million kg of waste through 2028. In June 2023, has partnered with Bakker Barendrecht, the sole supplier of fresh produce for the Dutch supermarket chain Albert Heijn, to deploy its AI-powered scanner technology in Bakker Barendrecht’s supply chain.
In March 2023, the company raised USD 3 million in a late seed funding round led by Dutch impact investor Pymwymic. In order to expand further, the company plans to secure a Series A funding round in 2024.
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