FreshIndex by tsenso

FreshIndex uses AI and food spectroscopy to measure the quality and freshness of food throughout the supply chain.

Founded 2016 Germany

Stuttgart, Germany 8 employees Grant Total: $621.43K Agriculture, Computer Vision +4

Tsenso is a Germany-based startup that aims to revolutionize the food supply chain with its flagship product FreshIndex. Using AI and food spectroscopy, FreshIndex offers a solution to the longstanding issue of quality and freshness variation in fresh produce. The company's vision is to ensure transparency in food quality and shelf life, thereby contributing to a more sustainable and cost-effective food system. The problem addressed by Tsenso is the considerable quality and shelf life variance in fresh food due to various conditions during growth, harvest, and distribution. This poses a significant risk for retailers, leading to food spoilage, reduced margins, and increased operational costs. However, with FreshIndex, Tsenso provides a groundbreaking solution. Through real-time risk quantification using AI and food spectroscopy, the true quality and shelf life of fresh produce can be measured at each stage of the supply chain, potentially revolutionizing the industry. For retailers, FreshIndex offers compelling benefits, including 5x faster and more objective quality control during goods receiving, a 30% reduction in food loss through optimized warehousing, and a 12% increase in margins through confirmed food quality and quality-sensitive pricing. In 2016, Tsenso was founded and since then, its innovative approach has garnered recognition. Its last investment of €550.00K came in the form of a grant from the German Federal Ministry of Education and Research in November 2020. With a mission to transform the fresh produce industry, Tsenso's technology has the potential to make a significant impact on agriculture, logistics, and the broader food and beverage sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	€550.00K	1	German Federal Ministry of Education and Research	02 Nov 2020
Grant	Undisclosed	1	European Data Incubator	04 Sep 2019
Grant	€71.43K	1	EASME - EU Executive Agency for SMEs	01 Nov 2018
Pre Seed Round	Undisclosed	3	Techstars, METRO Xcel +1	12 Sep 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

€550.00K

German Federal Ministry of Education and Research

02 Nov 2020

Grant

Undisclosed

European Data Incubator

04 Sep 2019

Grant

€71.43K

EASME - EU Executive Agency for SMEs

01 Nov 2018

Pre Seed Round

Undisclosed

Techstars, METRO Xcel +1

12 Sep 2016

FAQ About FreshIndex by tsenso

FreshIndex uses AI and food spectroscopy to measure the quality and freshness of food throughout the supply chain.

FreshIndex by tsenso was founded in 2016.

FreshIndex by tsenso is headquartered in Stuttgart, Germany.

FreshIndex by tsenso operates in Agriculture, Computer Vision, Computing, Food and Beverage, Information Technology and Logistics. Its work centres on Food freshness measurement, Supply chain optimization, Quality control and Shelf life management.

FreshIndex by tsenso has approximately 8 employees.

FreshIndex by tsenso has completed 4 funding rounds, raising a total of $621.43K. The latest funding stage is Grant.

Top alternatives and competitors to FreshIndex by tsenso include It's Fresh, Neolithics, Peelon®, Apeel Sciences, Livegistics, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

FreshIndex by tsenso and It's Fresh 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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