Mimica

company

About

Temperature-sensitive labels and caps that indicate food’s true freshness

  • London,England,United Kingdom
  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
£10K
Industries
Food and Beverage,Packaging Services
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Mimica Lab Ltd.

Mimica Touch is a patented label or cap that turns bumpy when food or drinks should no longer be consumed, based on actual temperature conditions. It provides accurate, real-time indication of the product’s freshness with a tactile interface. This time and temperature response is calibrated to different food types to suit food suppliers' requirements.

Globally, a third of food produced is wasted (FAO, 2015), with 60% of it still being safe for consumption. Mimica is creating the next generation of food expiry labelling that reduces food waste and improves safety. We project, based on previous research, that using Mimica Touch will reduce retail food waste by 50% and home waste by 60%. Based on these estimates and consumption data verified by Mintel and WRAP, we expect Mimica to save up to 13.6 million tonnes of our first three food groups (juice, milk and meat) from landfill per year in European households alone. Mimica is paving the way for a more efficient, less wasteful food system.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
£1.59M $650.56K €404.50K
Mimica has raised a total of £1.59M $650.56K €404.50K in funding over 2 rounds. Their latest funding was raised on Nov 15, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 15, 2021 Seed $650.56K 1 Detail
Jun 29, 2021 Seed £10K 1 Henley Business Angels Detail
Oct 1, 2020 Grant £211.43K 1 Innovate UK Detail
Aug 6, 2020 Funding Round €404.50K 1 EIT Food Detail
Feb 12, 2018 Seed £1.37M Detail

Investors

Number of Lead Investors
Number of Investors
3
5
Mimica is funded by 5 investors. Henley Business Angels and Innovate UK are the most recent investors.
Investor Name Lead Investor Funding Round
Henley Business Angels Yes Seed
Innovate UK Yes Grant
EIT Food Yes Funding Round
Khosla Ventures Seed
R/GA Ventures Funding Round

Employee Profiles

Number of Employee Profiles
4
Mimica has 4 current employee profiles, including Executive Lawrence Matthews
Executive
Executive
Board observer
Executive