Aravita

Aravita, a Brazil-based startup founded in 2022, is disrupting the retail industry with its innovative solution for fresh food ordering. The company's slogan, "Intelligent Fresh Food Ordering for Grocers: Increased Sales and Reduced Waste," encapsulates its mission to optimize retail operations through AI-powered inventory management. With a recent $2.50M Seed Round investment on 30 March 2023, Aravita has garnered support from prominent investors including Qualcomm Ventures, Alexia Ventures, Norte Ventures, 17Sigma, big_bets, Bridge Latam, RG Nutri, DGF Investimentos, Flavio Jansen, and Bernardo Lustosa. Aravita's groundbreaking approach leverages advanced AI and supply chain optimization models to enable grocers to maintain consistently stocked shelves with high-quality fresh produce while minimizing the risk of overstocking and lost sales due to under stocking. Their solution simplifies the process for clients, requiring only a straightforward data feed from point-of-sales information. By assuming the complexities and risks associated with fresh food inventory management, Aravita empowers grocers to concentrate on sales and store operations, ultimately driving increased sales and reduced waste. As a venture capital investor, the potential impact and the backing from notable investors position Aravita as a compelling prospect in the Food and Beverage industry.