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        OneThird, a Netherlands-based food tech company that predicts the shelf life of produce using AI, has raised USD 3 million in a late-seed funding round led by Dutch impact investor Pymwymic, with participation from existing investors, including Halma Ventures Limited, SHIFT Invest, and Oost NL. The round brings OneThird's total funding to USD 6.1 million.
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        The company intends to use the funds to scale its technology and operations, enter new markets in North America and Europe, and increase its impact on customers in achieving their sustainability and ESG objectives while generating a higher ROI.&nbsp;
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      <p>
        Founded in 2019, OneThird offers AI-powered scanning technology that allows growers, food distributors, retailers, and consumers to predict the shelf life of fresh produce accurately. The technology currently covers tomatoes, strawberries, blueberries, and avocados, and is set to expand to a total of ten produce types by late 2023. 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.
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  <p>
    <a href="https://www.prweb.com/releases/2023/3/prweb19241786.htm">
      Press release
    </a>
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Food Waste

OneThird raises USD 3 million in late seed funding

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Bioenergy Devco secures USD 30 million funding from HASI

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The Municipality of Kincardine partners with Food Cycle Science

Trendi launches rescued ingredients blends at SXSW

RELEX Solutions to offer services to MPM Products

Afresh expands into meat, seafood, deli, and food service

Divert enters USD 1 billion infrastructure development agreement with Enbridge

Gander integrates with evoPOS

Too Good To Go partners with FoodCycle Los Angeles

Planetarians raises USD 6 million in seed II funding

Fulcrum BioEnergy’s UK subsidiary receives GBP 16.8 million grant

Jimmy Peters joins Galley Solutions as first chief revenue officer

Flashfood partners with Ren's Pets

Crush Dynamics' patented upcycled ingredient reduces sugar by 50%

Hope and Sesame becomes the first upcycled certified plant-based milk brand

Mill Industries and City of Tacoma announce a pilot program to tackle residential food waste

Anglian learning partners with Olio

Misfits Market to shut its Coopertown Road facility

Flashfood appoints Nicholas Bertram as president and COO

Too Good To Go expands to Miami

USDA invests USD 9.4 million in compost and food waste reduction projects

Therma raises USD 19 million in Series A funding

Danone backs FoodCloud nutrition education programme

Partnership between Mycorena and Revo Foods receives EUR 1.5 million grant

Flashfood expands to Shop & Stop stores in Massachusetts and Rhode Island

PepsiCo to invest EUR 7.5 million in biodigester for gas production

Dash Water raises GBP 8.7 million in Series A funding

US researchers receive USD 2.4 million grant to convert food waste into affordable bioplastics

All Updates