Singapore-based AI-powered food fingerprint platform ProfilePrint and Swiss farm-to-roaster coffee company Sucafina have announced a co-investment in Brazilian image recognition company Csmart.
Founded by Francisco Massucci Silveira, Csmart designs AI-powered image recognition technologies for coffee grading that aim to improve the coffee industry for producers, professionals, and roasters alike. It claims its technology can rapidly scan a sample of green coffee beans and accurately identify defect counts within minutes.
Also Read: Wake up and smell the coffee: Check your coffee beans’ quality using ProfilePrint’s AI tool
This technology could help QC professionals by reducing repetitive tasks, improving and accelerating communication between QC teams, and reducing the carbon emissions from shipping countless green coffee samples to buyers and sellers worldwide.
Currently, Csmart’s software can identify the total defect counts and confirm the screen size of a sample of green coffee. The upcoming iteration will be able to quantify each defect by type and take image scans of each identified bean.
Csmart’s technology cuts down on the time and resource inefficiencies caused by sending green samples back and forth across the globe. With this, green coffee can be scanned by the seller, and an objective report is delivered to the buyer for their review. This can speed up the time it takes to approve a sample and reduce the carbon footprint of coffee sales.
This new image recognition green grading technology will be complementary to ProfilePrint, which incorporates data from multiple sources to enable users to ascertain the suitability of ingredients without traditional sensory evaluation rapidly.
Alan Lai, Founder and CEO of ProfilePrint, said: “Csmart’s image recognition technology provides additional key data points for our global ProfilePrint solution, bringing us closer to our goal of a device-agnostic data platform. It also increases the range and accuracy of our prediction capability, empowering buyers and sellers across the supply chain to increase productivity and significantly reduce carbon footprint.”
A food ingredient search engine, ProfilePrint predicts the quality and profile of a food sample “within seconds”. With 5g of the sample, the analyser acquires the unique fingerprint without destroying the samples. Sellers and buyers can objectively ascertain the agreed quality of a food ingredient in an online transaction.
Also Read: ProfilePrint adds food supplies giant Cargill to its cap table
ProfilePrint’s solution has been deployed in over 26 cities across five continents (North America, Latin America, Africa, Europe and Asia).
In August last year, the Singaporean startup onboarded US-based global food supplier giant Cargill as a strategic investor. It earlier raised several rounds of investments, including a Series A round in February 2022 from Louis Dreyfus Company (Netherlands), Olam Food Ingredients (an operating group of Olam International Limited, Singapore), Sucafina (Switzerland), an unnamed agrifood conglomerate (Indonesia), Greenwillow Capital Management (Singapore), and Real Tech Global Fund (Japan). In 2021, it closed a pre-series A from Glocalink Singapore, Leave-a-Nest, and Seeds Capital.
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