SPRK.global logo — Creating a world without unnecessary food waste and reducing...

SPRK.global

Creating a world without unnecessary food waste and reducing CO2 emission as a result - starting here in Berlin.

Founded 2020 Germany Berlin, Germany 21 employees Angel Total: $6.00M AI, Food and Beverage +2

General Information

Company Name SPRK.global
Founded Year 2020
Location Germany Berlin, Germany
Employees 21
Industries AI, Food and Beverage, Waste Solution +1
Funding Stage Angel
Social

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About SPRK.global

SPRK.global is a German startup with the mission to tackle unnecessary food waste and reduce CO2 emissions, ultimately contributing to a more sustainable global supply chain. The company, founded in 2019, has garnered attention for its innovative approach to addressing the critical issue of food oversupply and waste. Through their advanced distribution platform, which leverages artificial intelligence and machine learning, SPRK aims to efficiently redistribute surplus food in alignment with demand, while also involving non-profit organizations as key partners. This endeavor is particularly important as it addresses the staggering 2.5 billion tons of annual food waste worldwide, with 12-20 million tons in Germany alone. In addition to its operational goals, SPRK's mission aligns closely with the United Nations Sustainable Development Goals (SDGs), specifically targeting SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action), and SDG 17 (Partnerships for the Goals). Notably, the company's impact-driven approach has earned it recognition in the international arena, with its selection as a finalist in the Extreme Tech Challenge (XTC)—a prestigious "Tech For Good" competition. At the XTC, SPRK secured the top position in the "Smart Cities" category, further underscoring the potential of its technology platform. In February 2023, SPRK finalized a significant €6.00M Angel Round investment led by Thorsten M. Schiefer and Brigitte Mohn, demonstrating the confidence of notable investors in the company's vision and potential. With its focus on leveraging technology to address a critical sustainability issue, SPRK.global presents an intriguing opportunity for investors seeking ventures with impactful solutions in the AI, Food and Beverage, Waste Solution, and Machine Learning sectors.

Business keywords: Food Waste Reduction, CO2 Emission Reduction, Circular Economy, Sustainable Development Goals, Supply Chain Optimization, Tech For Good, Smart Cities, Partnerships, Waste Reduction, Responsible Consumption, Climate Action

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Angel Round €6.00M 2
Thorsten M. Schiefer, Brigitte Mohn
16 Feb 2023
Angel Round Undisclosed 7
Mario Götze, Fahri Yardim +5
04 Nov 2020

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FAQ About SPRK.global

Creating a world without unnecessary food waste and reducing CO2 emission as a result - starting here in Berlin.
SPRK.global was founded in 2020.
SPRK.global is headquartered in Berlin, Germany.
SPRK.global operates in AI, Food and Beverage, Waste Solution and Machine Learning. Its work centres on Food Waste Reduction, CO2 Emission Reduction, Circular Economy and Sustainable Development Goals.
SPRK.global has approximately 21 employees.
SPRK.global has completed 2 funding rounds, raising a total of $6.00M. The latest funding stage is Angel.
Top alternatives and competitors to SPRK.global include B4Waste, BRüSLi, Agricycle Global, Afresh, Vytal Global. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SPRK.global and B4Waste 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.

Source: BounceWatch company record for SPRK.global, https://bouncewatch.com/company/sprkglobal, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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