Lumitics
Empowering hotels and airlines to reduce their food waste, cost and environmental footprint.
Empowering hotels and airlines to reduce their food waste, cost and environmental footprint.
Lumitics is a food waste technology company founded in Singapore in 2017. The company's slogan, "Empowering hotels and airlines to reduce their food waste, cost and environmental footprint," reflects its mission to tackle the global issue of food waste. Lumitics offers Insight, a smart food waste tracker utilizing sensors and proprietary AI image recognition technology to weigh and identify the type of waste in restaurants and kitchens. This innovative approach embodies the company's dedication to empowering commercial kitchens with big data analytics and business intelligence to reduce food waste, cost, and environmental impact. The recent SDG850.00K Seed Round investment on 01 November 2021 signals the market's confidence in Lumitics' potential. Supported by Enterprise Singapore, NUS Enterprise, and Temasek Foundation, Lumitics exemplifies a promising solution to the pressing issue of food waste in the hospitality industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | SDG850.00K | - | 01 Nov 2021 | |
| Non Equity Assistance | Unknown | - | 05 Oct 2021 | |
| Seed Round | SGD750.00K | 4 |
|
14 Jan 2020 |
| Grant | Unknown | 1 |
|
31 Oct 2019 |
| Seed Round | Unknown | 1 | Spring Singapore | 01 Sep 2017 |
No recent news or press coverage available for Lumitics.
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