Winnow raises $12M Series B for its food waste solution for commercial kitchens

Winnow, the U.K. startup that has developed smart kitchen tech to help commercial kitchens reduce food waste, is disclosing $12 million in Series B funding.

Backing the round is Ingka Group (a strategic partner to the IKEA franchisee system), Mustard Seed, Circularity Capital, D: Ax and The Ingenious Group. It follows a recent $8 million loan from The European Investment Bank (EIB), meaning that Winnow has added $20 million of capital in the last month.

Counting global clients such as IKEA and the Armani Hotel in Dubai, Winnow is on a mission to offer the hospitality industry technology to help cut down on food waste by making commercial kitchens ‘smarter.’ Its latest Winnow Vision product automates waste tracking by using computer vision to track what food is being discarded and therefore enabling kitchens to make better inventory decisions.

Notably, the Winnow system claims to have already reached and surpassed human levels of accuracy in identifying food being thrown away. “This means for clients, over time, these systems will enable their kitchens to automatically register food waste without any human interaction. Food will be thrown in the bin and the data will be captured automatically,” says the company.

More broadly,

This post was originally published on this site

contactedorg

Check out http://contacted.org