Orbisk, a Netherlands-based FoodTech startup using advanced technology to improve sustainability in the food service sector by reducing food waste. The seed round will allow Orbisk to further its R&D and go-to-market efforts and advance towards scale. FoodSparks® by PeakBridge is leading the round with co-investors including EIT Food, DOEN Participaties, and BOM (Brabant Development Agency) of whom the latter two are doubling down on their prior investments in Orbisk.
Out of the estimated 125 to 160 billion pounds of food that goes to waste every year in the food service industry, most is perfectly edible and nutritious. Orbisk’s fully automated food waste monitor gives hotels, restaurants and industrial kitchens the ability to reduce food waste up to 70%. The company outfits any (organic) wastebin in professional kitchens with a smart camera, weighing scale and user interface which allows hospitality operators to start monitoring food waste fully automated from day one. Through its unique AI technology, Orbisk allows customers to monitor how much food is wasted, where and why, resulting in actionable data. Through leveraging the data, customers can optimize procurement, production processes and menus, thus significantly and structurally improving profitability and sustainability in the food service sector.
Olaf van der Veen, CEO of Orbisk, says: “We are excited to welcome PeakBridge, DOEN Participations, Brabant Development Agency (BOM) and EIT Food on board as investors in our company. It fills us with pride that this investor group shares our belief that our progressive technology will help the planet to take the next step towards a sustainable future. We have full confidence that the network, capabilities and knowledge of this group of impact-oriented investors will accelerate the next step of our company, targeting >100M kg food saved in 2025.”
