<div>
  <ul>
    <li>
      <p>
        Fountain9, an AI-driven food and beverage (F&amp;B) inventory management startup based in India, raised USD 1.9 million in a seed funding round from a group of investors, including 021 Capital, Y Combinator, Titan Capital, Globevestor, Harvard Seed Fund, and German-based Blue Impact Ventures. The funding is expected to be used to further develop the company&rsquo;s product, Kronoscope, and expand services into global markets.
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        Kronoscope, launched toward the end of 2020, is the company&rsquo;s flagship product that uses AI and algorithms to analyze and precisely predict demand levels for F&amp;B products. The software solution helps retailers minimize their inventory count and prevent food waste.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        The company is currently focusing on F&amp;B brands and retailers in India; however, the company hopes to use the funds to expand internationally, particularly into the US and Southeast Asia.
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        Founded in 2019 by former Google employees, Fountain9 provides F&amp;B retailers and brands with a demand prediction engine to avoid overstocking products while maximizing their return on investment. The company claims that it also minimizes revenue loss for its customers by predicting out-of-stock situations and providing them with an automated procurement plan.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.livemint.com/companies/start-ups/fountain9-raises-1-9-mn-in-seed-funding-led-by-021-capital-y-combinator-11625656811864.html">
      Mint
    </a>
  </p>
  <p>
    <a href="https://yourstory.com/2021/07/ai-led-startup-fountain9-raises-seed-round/amp">
      YourStory
    </a>
  </p>
</div>


All Updates

Fountain9 raises USD 1.9 million in seed funding