In the next 40 years, the world needs to produce the equivalent of all the food produced in the last 10,000 years. Today, one-third of all food produced is wasted. Improving supply chain efficiency and infrastructure could reduce food waste by $270 billion, which is critical to addressing climate change.
ImpactVision is a machine learning company applying hyperspectral imaging technology to food supply chains in order to improve food quality, generate consistent, high-quality products, and reduce waste. Its software provides real-time insights about the quality of foods and is aimed at food processors, manufacturers, distributors and retailers. For example, its system is able to determine the freshness of fish, the ripeness of avocados or the presence of foreign objects rapidly, non-invasively.