Orbisk a Netherlands-based Food waste fighting startup, raised a €1.05 million ($1.23M) Seed round of funding.
The round was led by FoodSparks by PeakBridge, with participation from EIT Food, and existing investors DOEN Participaties, and Brabantse Ontwikkelings Maatschappij.
With its new funding, Orbisk plans to continue developing its product, scale internationally and be in a couple of hundred establishments by the end of this year.
Company: Orbisk B.V
Raised: €1.05M
Round: Seed Round
Funding Month: August 2021
Lead Investors: FoodSparks by PeakBridge
Additional Investors: EIT Food, DOEN Participaties, and Brabantse Ontwikkelings Maatschappij.
Company Website: https://orbisk.com/en/
Software Category: Automated food waste monitoring > AI
About the Company: Orbisk is a startup on a mission to make the world food system more sustainable through computer vision and AI technology. The company helps hospitality organizations with a complete insight into their food waste which helps them cut their food waste in half. Orbisk provides plug-and-play installation of the food waste monitors in the kitchen. The monitor is ready for immediate use from day one and will register all of the food waste in the kitchen automatically. The food waste monitor has a camera with AI technology that automatically recognizes which products are being thrown away.
Source: https://thespoon.tech/orbisk-raises-e1-05m-for-its-food-waste-fighting-ai-for-restaurants/