AI food waste processing startup TrendiTech secured CAD2.25M in Seed funding
TrendiTech, a Burnaby Canada-based startup focused on AI-driven food waste processing solutions provider has now secured CAD 2.25 million in a seed funding round.
TrendiTech is founded by Craig McIntosh. It is a startup dedicated to creating new robotic, AI-driven food waste processing solutions.
AI startup's Biotrim mobile processing units upcycle avoidable food waste and turns it into a shelf-stable product known as Bioflakes. Bioflakes can be repurposed for use in a wide range of industries which include packaging, biofuel, beverage, agriculture, textile, and food.
Executive Opinion
Craig McIntosh, CEO, and co-founder of TrendiTech, said, "Food waste is a growing global problem, exacerbating not only food insecurity, but also contributing to climate change, pollution, and biodiversity loss. We are both thrilled and excited to have secured vital seed funding for our Biotrim mobile processing technology. It shows how reducing food waste is and should be a priority for all. Most importantly, it gives our partners the power to turn their unwanted food into edible, tasty, and nutritious products for people to enjoy."
Herbert Madan of WGG Capital Canada said, "When I look to invest in a seed round for a company, I look for viability, technology, and potential growth. Trendi caught my eye because they are solutions-based, using innovative technology to turn food waste into useful, edible products for human consumption on a global scale. Nations at large can be positively impacted by what they are creating. Their Biotrim robotics can reach all corners of the world. By championing a significant cause, they will help create a circular economy for the food waste diversion industry."
TrendiTech's Latest Funding
Globally food wastage is a $750 billion annual problem. TrendiTech intends to revolutionize global food waste with AI-driven robotic upcycling solutions.
The WGG Capital Canada and Florida Vestech Partners led the latest funding round.
The company, as of now, has plans to use the new funds to improve Biotrim mobile processing technology, notes the announcement.
PC: Pablo, Pixabay
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Udit Agarwal
Opinions expressed by techsutram contributors are their own. More details
Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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