OneThird, an Enschede, The Netherlands-based AI-driven meals tech firm, raised €3.5M in Sequence A funding.
The spherical was led by Make investments Worldwide, with participation from earlier traders Pymwymic, SHIFT Make investments and Oost NL.
The corporate intends to make use of the funds to increase its AI and sensor know-how, speed up its product roadmap, and improve operations to serve recent produce provide chain stakeholders throughout Europe and North America.
Led by CEO Henrike Langbroek, OneThird offers AI-powered near-infrared (NIR) know-how that empowers farmers, distributors, and grocery retailers to scale back waste by precisely predicting shelf life and optimizing decision-making that enhances produce high quality throughout the availability chain. It expanded its choices in 2024 with a retail retailer fruit scanner that permits shoppers to make higher buying choices on the grocery retailer, with taking part retailers reporting diminished waste and elevated income, notably for high-value merchandise like avocados.
At present, OneThird’s know-how helps a rising checklist of produce, together with avocados, blueberries, strawberries and tomatoes.
The Sequence A funding follows a yr of 230% year-on-year development, bringing the overall capital raised to €9.25M.
FinSMEs
31/01/2025
