Category Archives: Press Releases

SG Food Waste Startup Lumitics Raises US$557,000 In Seed Round

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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 […]

Startup developing smart food waste tracker snaps up seed funding

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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 […]

Lumitics raises seed funding to track the food wasted by Singapore’s F&B outlets and restaurants

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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 […]

Food-waste tracking startup Lumitics raises S$750,000 for regional expansion

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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 […]