OneThird emerged in 2018 with a clear mission: to combat the pressing issue of global food waste. Notably, a significant amount of this waste occurs before it even reaches consumers, often due to retailers struggling to predict the shelf life of perishable goods.
To address this, OneThird has developed a cutting-edge solution employing optical sensors attached to smartphones. These sensors analyze the internal content of fruits and vegetables, assessing parameters such as sugar and water levels to predict spoilage in real-time. This innovative use of artificial intelligence empowers retailers by optimizing inventory management and improving quality assessment, ultimately reducing food waste.
With a recent €3.50M Series A investment from Pymwymic, SHIFT Invest, Oost NL, and Invest International, OneThird is positioned to enhance its technological infrastructure and expand its market reach. Their platform not only provides immediate assessments but also offers trend analysis for the enhancement of supply chain operations.