foodforecast logo — Nachhaltigkeit wird mit unserer Künstlichen Intelligenz wirt...

foodforecast

Nachhaltigkeit wird mit unserer Künstlichen Intelligenz wirtschaftlich!

Founded 2018 Germany Cologne, Germany 26 employees Seed Total: $500.00K AI, Food and Beverage +1

General Information

Company Name foodforecast
Founded Year 2018
Location Germany Cologne, Germany +1
Employees 26
Industries AI, Food and Beverage, Machine Learning
Funding Stage Seed
Social

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About foodforecast

Foodforecast is a German startup founded in 2018, with a mission to make the food industry more efficient and sustainable through artificial intelligence. The company's self-developed AI technology provides precise demand forecasts for bakeries, gastronomy, and retail, aiming to reduce the staggering 11 million tons of food waste in Germany annually. This not only leads to a potential 30% decrease in food waste but also offers up to 5% more turnover and up to 100% automation, streamlining processes and lightening the workload on staff. The last investment, a significant €500.00K Seed Round investment, was secured on 22 June 2022, underscoring investor interest in the Food and Beverage industry's sustainability solutions. Foodforecast's emphasis on leveraging AI for sustainability and efficiency in the food sector aligns with a growing global focus on sustainable practices, making it an appealing prospect for investors seeking to support impactful, forward-thinking startups. Located in Germany, the startup has the potential to make a lasting impact on the food industry, particularly in the area of waste reduction and operational optimization.

Taxonomy: Food Industry, Food Waste Reduction, Demand Forecasting, Gastronomy, Bakery, Process Optimization

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• - 22 Jun 2022

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FAQ About foodforecast

Nachhaltigkeit wird mit unserer Künstlichen Intelligenz wirtschaftlich!
foodforecast was founded in 2018.
foodforecast is headquartered in Cologne, Germany.
foodforecast operates in the following industries: AI, Food and Beverage, Machine Learning.
foodforecast has approximately 26 employees.
foodforecast has completed 1 funding round, raising a total of $500.00K. The latest funding stage is Seed.
Top alternatives and competitors to foodforecast include smart meals, YaYa - world of bowls, BMI eG, fairafric, DigiTally. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
foodforecast and smart meals are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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