Singapore-based impact private equity fund, ABC Impact, has made an undisclosed investment in Winnow, a UK-based AI-driven food waste reduction solution company.
Winnow will use the money to expand its presence in Asia.
“Asia is a key market for our solutions and has vast potential to further reduce its food waste, with Singapore, Japan, and Indonesia a particular focus for us. We look forward to working with ABC Impact to enhance our AI capabilities further and to bring greater profitability and sustainability to Asia’s kitchens,” Marc Zornes, CEO and co-founder of Winnow, said.
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Headquartered in London with offices in Singapore, Chicago, Dubai, and Cluj-Napoca, Winnow provides AI-enabled solutions, which are trained to recognise waste as it is thrown in the bin, whether during preparation or from a customer’s plate. The automated recording process captures 100 per cent of the waste stream and analytics identify and track where wastage occurs. This approach enables users to optimise efficiency, change behaviours, and drive significant waste reductions in their kitchens.
The company serves large hospitality businesses, such as hotels, contract caterers, and cruise ships, operating in over 2,000 sites and 70 countries worldwide. Accor, Four Seasons, and Hilton are some of its customers. On average, Winnow claims to help customers reduce 50 per cent of food waste and cut costs by 2-8 per cent.
Sugandhi Matta, Chief Impact Officer at ABC Impact, added: “Food loss and wastage has a vast economic, social, and environmental impact – depleting resources, worsening global hunger, and increasing greenhouse gas emissions. The innovative AI-driven food waste management solution developed by Winnow has been successfully deployed globally. When we reduce food loss and waste, we can mitigate the pressure on climate, water, and land resources – and ultimately contribute towards a more sustainable future.”
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According to the United Nations, around 13 per cent of food produced is lost between harvest and sale. At the same time, about 17 per cent of global food production is wasted in total across households and commercial food services. With the scale of food loss and waste exacerbating the emission of greenhouse gases, the food and hospitality sector that Winnow specialises in plays an important role in global food waste reduction.
In Singapore, the National Environment Agency has mandated that all large commercial and industrial food waste generators must segregate their food waste for treatment from this year onwards, with further food waste segregation and reporting requirements expected to be implemented.
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