Wasteless provides real-time tracking and dynamic pricing solutions to supermarkets. Its system employs machine learning algorithms to track products and their expiration date as they are already on the shelves. As the products near the end of their life, their price is lowered; customers can then decide if they want to pay less for a product with a shorter shelf life or more for a newer item. Wasteless also helps shops measure their stock and better understand how to prevent food waste.
Joining Amsterdam’s startup ecosystem
With offices in Tel Aviv and New York, Wasteless has already proven successful in its mission. The startup has now set its eye on European markets, and with a capital injection by venture capital investor Slingshot Ventures it’s taking the next step: opening a European office in Amsterdam and becoming part of the city’s thriving startup ecosystem.
Find out more about AI in Amsterdam.