OneThird utilizes AI-powered fresh produce scanners and a cloud-based quality insights platform to predict shelf-life and assess the quality of fruits and vegetables in real-time. This technology enables growers, distributors, and retailers to reduce food waste by up to 25%, saving millions in lost revenue and improving supply chain efficiency.
Funding
€7.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HVIIONSIFounders
Product
Problem
The fresh produce industry struggles with accurately predicting shelf-life, leading to significant food waste and financial losses for growers, distributors, and retailers. This inability to assess produce quality in real-time results in retailers discarding large quantities of fruits and vegetables, impacting profitability and sustainability goals.
Solution
OneThird offers an AI-powered solution that combines fresh produce scanners, smartphone imaging, and a cloud-based quality insights platform to provide real-time quality assessment and shelf-life prediction. This technology empowers stakeholders across the supply chain to make informed decisions, optimizing routing and minimizing waste. By providing actionable insights, OneThird enables growers, distributors, and retailers to get the right product to the right place at the right time, increasing efficiencies and reducing food waste by up to 25%. The platform facilitates trend analysis and suggests actions for continuous improvement, contributing to both cost savings and sustainability objectives.
Target Audience
OneThird primarily targets growers, distributors, and retailers in the fresh produce industry who seek to reduce food waste, optimize their supply chains, and improve profitability.
Features
- Portable fresh produce scanners for rapid, non-destructive quality assessment
- Cloud-based AI platform for shelf-life prediction and quality insights
- Real-time dashboards for monitoring produce quality and supply chain performance
- Mobile app for on-the-go data capture and analysis
- Automated insights and recommendations for optimizing supply chain decisions
- API integration for seamless data exchange with existing systems