[ Wasteless raises $400k in Seed ]

Wasteless has raised $400k in Seed funding.

Founded in 2016, Wasteless develops a RFID sensing and electronic shelf labeling technology that tracks stock levels and automates pricing processes in grocery stores. Wasteless’ technology has the capacity to recapture lost revenue opportunities like food waste cost and out-of-stock costs, creating new revenue opportunities by increasing the availability of products.

This new dose of capital will help the company boost its field trial program.

Funding  Seed
Founded  2016
Country  Israel
City  Tel Aviv
Founder / CEO  Ben Biron
Deal Size  $400k
Investors  Jonathan (Yoni) Ofir
 SOSV
 FOOD-X
 Food Angels
Previous Investors  Winsten Ltd
 FOOD-X
 SOSV

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