Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the food industry. This time, you get to discover 5 hand-picked startups increasing transparency.
Global Startup Heat Map highlights 5 Top Food Startups increasing Transparency out of 406
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 406 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 food startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 401 solutions increasing transparency, get in touch.
Bytable increases Food Supply Chain Transparency
Consumers are increasingly concerned over the sourcing of their food products and its carbon footprint. Also, with the pandemic, there is an increase in demand among customers for transparency regarding food safety and quality. As a result, food brands are integrating solutions such as smart labeling and food condition monitoring to better address customer demands. This helps food companies establish a customer-brand relationship which ultimately drives sales and improves operational efficiency.
Bytable is a US-based startup that imparts transparency into established supply chains. The startup uses blockchain and the Internet of Things (IoT) to build traceable and transparent food systems. This allows food companies to track their products in real-time and reduce recall rates and costs. Further, the startup provides temperature monitoring services for cold chain remote monitoring and the Bytable Marketplace for ethically produced products. The startup’s food transparency solutions increase visibility and address the disparities in food supply chains.
Sedna Technologies develops a Seafood Traceability System
Seafood consumers are willing to support brands that avoid labor exploitation and use sustainably sourced seafood. This change in customer behavior intensifies the effort to increase supply chain transparency for seafood industries. Food companies collect and store documents to offer transparency into their production process and better understand their operations. Also, they communicate their sustainable production practices with customers using these documents.
Canadian startup Sedna Technologies develops a seafood traceability ecosystem. The startup utilizes IoT sensors, radio-frequency identification (RFID), and back-office digitization to improve transparency across seafood manufacturing. Sedna Technologies’ solutions collect data at each step of manufacturing processes and offer visibility throughout the value chain. The startup’s services include The Sensor Globe, Back Office, Dockside Traceability, Cold Chain Logistics, and Shop Floor Applications.
Plasmion provides an Electronic Nose for Food Fraud Detection
To assure consumers of the safety of their food products, brands implement food safety measures at the production lines. Startups speed up operations by developing solutions that automatically detect spoilt and counterfeit ingredients or products. These solutions use artificial intelligence and chemical sensing for food grading and sampling. This improves the transparency in the quality of products and ingredients that usually requires invasive testing before reaching buyers. Removing counterfeits and low-graded products ensures the safety of the consumers and improves brand reputation.
German startup Plasmion manufactures olfactory sensors to detect food fraud and safety risks. The startup uses mass spectroscopy and SICRIT, a proprietary ionization technology, to design its industrial smell sensors. Plasmion’s sensors replace expensive random sampling at laboratories and human sensory panels with high subjectivity levels with in-line measurement and software-supported decision-making. This way, food manufacturers detect pesticides and other contaminants at lower concentrations, enabling them to screen products before moving them out of the production facility. Plus, Plasmion’s solution offers real-time data and reproducible results.
FoodChain enables Farm-to-Fork Traceability
IoT and blockchain are key enablers of end-to-end transparency and traceability in the food value chain. Startups deploy IoT devices to monitor the condition of food and use tamper-proof technologies to store this data. Plus, digitization helps companies to ensure an error-free workflow. These data offer visibility into food manufacturing operations as well as allow food companies to find operational discrepancies and improve performance. Food brands also share this data with their customers to foster trust through transparency.
FoodChain is an Italian startup that offers farm-to-fork traceability for food companies and customers. But, food brands have control over which data to make public for the consumers. The startup utilizes IoT, smart contracts, QR codes, and RFID to track and monitor food items throughout the supply chain. FoodChain’s blockchain-based solution also ensures the authenticity of the recorded information at each stage of production, from sourcing to distribution. This enables food brands to offer quality assurance and food safety for their customers.
EcoTrace Solutions works on Cattle and Poultry Traceability
While IoT makes it possible to effectively conduct supply chain traceability, imparting transparency at the food-producers end is harder. To tackle this issue, startups develop solutions that readily integrate with legacy farming and sourcing management systems. This way, food manufacturers combine effective data acquisition and validation solutions even before the food products or ingredients are shipped from their source.
Brazilian startup EcoTrace Solutions works on improving traceability at the source for the cattle and poultry industries. The startup works closely with animal husbandry farms and records necessary documents that ensure safety-compliant practices. These include invoices, animal transport guides, and inspection documentation, which are then registered in the blockchain-based EcoTrace platform. In addition, the platform collects real-time slaughter data along with guarantee of origin data with information on deforestation, slave labor, and conservation units. Upon shipping, each package includes a QR code that offers food companies complete supply chain information.
Discover more Food Tech Startups
Food tech startups such as the examples highlighted in this report focus on robotics, 3D food printing, alternative proteins as well as personalized nutrition. While all of these technologies play a major role in advancing the food industry, they only represent the tip of the iceberg. To explore more food technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Food Innovation Report to save your time and improve strategic decision-making.