This country has managed to recycle 95% of their food waste. This country has banned the sending of food to landfills since 2005. This country has required all citizens to dispose of food at a cost. This country is South Korea. Since the 1990s, the South Korean government has shown their foresight by initiating households […]
Author Archives: Elaine Sim
18
Mar
Mar
Just last month in February 2020, after the Ministry of Health (MOH) announced the risk assessment of “Disease Outbreak Response System Condition” (DORSCON) alert level has moved from yellow to orange. This has sparked a nation-wide panic buying of essential goods – ranging from food to necessities like toilet paper. When you bulk buy goods […]
11
Mar
Mar
There have been efforts made by hotels and airlines alike to reduce their food waste production – all in the bid of the betterment of our environment and helping the world be more sustainable. Bolstered by efforts made by countries such as the implementation of food waste law, we are sure to see a reduction […]
04
Mar
Mar
Technologies to reduce your food waste with brand information Food waste is becoming a global issue and to deal with the growing amount of food waste, there have been technology emerging. Each with its own target market, from end-consumers to businesses, these technologies have proven that they are able to innovate well and leverage on […]
26
Feb
Feb
The Zero Waste Masterplan was launched in 2019 to help reduce wastage in 3 different ways – E-waste, packaging waste and Food Waste. Beyond this measure put in place by the Government, you may wonder if Singaporeans are actually doing their part on a day to day basis to reduce their food wastage. And if […]
06
Feb
Feb
Singaporean startup Lumitics, a food waste technology company, has recently secured US$557,000 in an oversubscribed seed funding round. The financing was led by boutique early stage investment firm ReadyVentures and angel investor and hospitality veteran Franck Courmont. Lumitics’ proprietary device is called Insight, a smart waste tracker that uses sensors and image recognition to identify what […]
14
Jan
Jan
Singaporean foodtech startup Lumitics, previously known as Good For Food, announced that it has raised S$750,000 (or about US$557,000) in a seed funding round co-led by angel investor and hospitality industry veteran Franck Courmont and ReadyVentures. Courmont and Nicholas Cocks from ReadyVentures will join the startup as board members, according to a statement. Participating investors include […]
Press Releases
Lumitics raises seed funding to track the food wasted by Singapore’s F&B outlets and restaurants
14
Jan
Jan
Lumitics offers Insight, a smart food waste tracker that leverages on sensors and their proprietary image recognition tech to weigh and identify what restaurants and kitchens throw away. Lumitics, a food waste technology startup based out of Singapore, has received US$557,000 in an oversubscribed seed funding round, co-led by the business angel and hospitality industry […]
14
Jan
Jan
FOOD technology startup Lumitics on Tuesday said it has secured S$750,000 in an oversubscribed seed funding round co-led by ReadyVentures and angel investor Franck Courmont. Other participating investors include Startup-O and Louise Daley, who is deputy chief executive of Accor Hotels Asia Pacific. Ms Daley invested privately. Mr Courmont, who is a veteran in the […]
27
Dec
Dec
These days, consumers are more concerned about the sustainability of a business. Companies, therefore, need to ensure that they are also sustainable in their practices to attract more customers. Additionally, being sustainable also has an added benefit which is that it brings cost savings to the business as well. If being sustainable is all good, […]
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