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 five hand-picked IoT solutions impacting food companies.
Out of 156, the Global Startup Heat Map highlights 5 Top IoT Solutions impacting Food Companies
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-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 156 exemplary startups & scaleups we analyzed for this research. Further, it highlights five food tech 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 five startups & scaleups in this report. For insights on the other 151 IoT solutions impacting food companies, get in touch with us.
ForFarming enables Food Supply Chain Transparency
Founding Year: 2018
Location: Istanbul, Turkey
Funding: USD 872 000
Partner for Customer Communication Solutions
Turkish startup ForFarming develops Trusty, a software platform to provide information on food production facilities and growth conditions. The software enables farmers and food cultivators to record harvest and packaging dates, expiration dates, and pesticide analysis for each batch using the Internet of Things (IoT) sensors. This information, along with production facility certifications and processes, is attached to each product batch as QR codes. The customers scan these QR codes and learn facts regarding the product’s freshness and sustainability. Trusty thus enables farmers and food producers to build trust among their business partners and individual buyers to increase sales.
UNK Latam facilitates Food Temperature Monitoring
Founding Year: 2017
Location: Santiago, Chile
Funding: USD 500 000
Use this solution for Process Monitoring
Chilean startup UNK Latam develops UNC, a digital platform to monitor temperature and operational variances in the food procurement processes. It uses IoT sensors for end-to-end surveillance and centralized monitoring, as well as an alerting system to automatically maintain the required temperature in the supply chain. The startup’s solution reduces food wastage and quality loss due to temperature deviations while making the supply chain environmentally efficient. Further, it optimizes the operations for food producers and distributors as well as eliminates the need for manual temperature monitoring.
DiMuto facilitates Food Trade Management
Founding Year: 2018
Funding: USD 2,4 M
Innovate with DiMuto for Farm-to-Table Traceability
DiMuto is a Singaporean startup that provides a trade management platform to enable traceability of supply networks and related commercial activities for the agri-food tech industry. The startup leverages AI, IoT, and blockchain to capture and integrate business data from each step of the food chain. DiMuto Trade Management platform facilitates real-time tracking, tracing, and verification of trade flows, thus optimizing food quality control and providing trade analytics. It provides businesses with complete control of their food supply chain and finance using supply chain data.
Cater Op provides Kitchen Management Software
Founding Year: 2016
Location: Brisbane, Australia
Reach out for Inventory Management
Australian startup Cater Op develops CaterOp Kitchen Inventory Management, a cloud-based inventory management software for managing kitchens and restaurants. It features temperature logging for incoming ingredients and goods as well as streamlines the inventory ordering process. CaterOp digitizes the ordering procedures and manages regular and special events’ details, offering better control over the invoicing process. The platform empowers food businesses and restaurant owners to improve stocks and supplier tender management. It also enables businesses to deploy risk management practices and comply with food safety regulations.
Eruza facilitates Food Waste Prevention
Founding Year: 2016
Location: Dallas, USA
Partner for Food Demand Prediction
Eruza is a US-based startup that builds a data-driven prediction platform to provide insights on shelf life and demand of fresh food products to prevent waste. The startup’s cloud-based order management software uses ML algorithms and data from IoT devices to predict the demand for fresh and perishable food items. It optimizes the supply chain by ordering the right quantity of perishable foods for grocery and convenience stores, as well as minimizes the risk of food spoilage on-shelf. The platform also allows food retailers and convenience store owners to reduce their food wastage costs and maximize revenues.
Discover more Food Tech Startups
Food startups such as the examples highlighted in this report focus on supply chain traceability, waste management, food condition monitoring as well as demand forecasting. While all of these technologies play a major role in advancing the food industry, they only represent the tip of the iceberg. To explore food technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free FoodTech Innovation Report to save your time and improve strategic decision-making.