Yume Food Australia
Reduce food waste and turn write-offs into revenue with Australia’s #1 platform for surplus food management.
Reduce food waste and turn write-offs into revenue with Australia’s #1 platform for surplus food management.
Yume Food Australia is an E2E technology startup that aims to revolutionize the management of surplus food. The company's platform enables food manufacturers to efficiently handle excess inventory, including SLOB, clearance, NPD, de-ranged, out of spec, and mislabelled products. Founded in 2015 by Katy Barfield (OAM), former founding CEO of SecondBite, and with the support of the Atlassian Foundation, Yume's solution has garnered the patronage of major FMCG manufacturers such as Unilever, Mars Food, and General Mills. Yume's platform, which has received a $2.00M investment in a Seed Round at 29 January 2024 from investors including Investible, LaunchVic, Veolia, Goodrich Group, and pitzy folk, digitizes manual processes, enabling automation of sales and donation workflows for manufacturers. The company's mission is to reduce food waste and convert surplus food into revenue, positioning itself as Australia’s #1 platform for surplus food management. Yume's innovative approach not only contributes to sustainable practices in the food and beverage industry but also offers substantial benefits to its partners and the environment.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $2.00M | 5 |
|
29 Jan 2024 |
| Seed Round | $2.60M | 4 |
|
23 Feb 2017 |
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