Future of food safety and traceability - Inspecto developed groundbreaking technology for the detection of contaminants in food in the field
Today's technology such as HPLC/GC for detecting food contaminants is limited by size, cost and complexity to operate. Therefore it is restricted to the lab and only samples of food across the supply-chain are being checked in he process. Inspecto's basic value proposition offers all players in the food industry the capability to check for early signs of contaminants in minutes and at a fraction of the cost, enabling large volumes of scans. The data is cloud stored and integrated with Blockchain for data safety and advanced data analysis aimed to improve our customers' business performance based on traceability and quality assurance.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 11, 2017 | Seed | $1.54M | 3 | The Kitchen - FoodTech Hub | — | Detail |
Mar 1, 2017 | Grant | €50K | 1 | EASME - EU Executive Agency for SMEs | — | Detail |
Aug 1, 2016 | Grant | $27K | 1 | Office of the Chief Scientist | — | Detail |
Apr 10, 2016 | Angel | $35K | — | — | — | Detail |
Jan 1, 2016 | Non-Equity Assistant | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
The Kitchen - FoodTech Hub | Yes | Seed |
EASME - EU Executive Agency for SMEs | Yes | Grant |
Office of the Chief Scientist | Yes | Grant |
Bits x Bites | — | Seed |
Seventure Partners | — | Seed |
MassChallenge | — | Non-Equity Assistant |