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Positive Carbon

Seed
Sustainability
Funded

Positive Carbon is very successful in combating food waste in the restaurant industry with their solution.
Using modern scanners and artificial intelligence, restaurants are able to visualize how much food they use and which ends up in the trash.

Problem

  • 1.3 billion tonnes of food are thrown away each year. This is one-third of all foods and contributes to 10% of Greenhouse Gas Emissions
  • Reducing food waste is the single greatest solution to remove Co2 from the atmosphere
  • After consumers, Food service organisations are the second-largest creators of food waste
  • Commercial kitchens spend up to € 350,000 on wasted foods

Solution

Positive Carbon’s vision is to bring effective food waste monitoring to kitchens across the world to reduce their food waste and make a positive impact on the planet.

Their patented food waste scanner sits above any bin and monitors and tracks the weight, volume, and food that goes into the bin

The solution works in three steps – detect, log and analyse:

  • Scan – The food waste scanner autonomously measures the volume, weight, and time of what goes into the bin
  • AI labeling – machine learning determines what food goes into the bin
  • Works In Any Kitchen – The food waste scanner is designed to work in any kitchen and front of the house.
  • Fully automated – operates with no manual data entry

Recent Developments:

  • API Capture – the system directly integrates with a company’s inventory system, allowing for waste calculation through sales and invoice data with zero staff interaction

Market

  • Food waste management is growing 20-25% per annum and will be worth € 60 billion by 2025
  • Total market € 30 billion (target market € 662 million)
  • Regulation is driving adoption through legally binding targets to reduce food waste across the EU, by end 2023, following the first EU-wide monitoring of food waste levels.
  • Team

    positivecarbon
    aisling kirwan -positive carbon - Coo-

    Dealcaptain

    Our Dealcaptain is happy to answer further questions.

    Marie Friebus

    Disclaimer

    The scenarios determined by the investment calculator are based on empirical values and assumptions. They are intended solely to illustrate possible developments and are no guarantee of future results. The actual performance of an investment may deviate significantly from the results forecast in the scenarios presented due to a wide range of macroeconomic and microeconomic factors. Start-up investments involve a high level of risk, which can extend to the total loss of the investment. It is expressly pointed out that neither Gateway Ventures nor its partners or representatives can be held liable for decisions made on the basis of the results of this calculator. Use of the calculator is at your own risk. You should seek independent financial advice and conduct your own research before making any investment decision.

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