Sweden’s Matsmart raises €7.5 million to help bring an end to food waste

Swedish food ecommerce startup Matsmart has raised €7.5 million from Norrksen Foundation, D-Ax, the investment division of Axel Johnson Group, and Northzone. Matsmart sells surplus food that would usually be thrown away, whether because it’s close to the sell by date or there has been a change in branding/packaging. The company resold 706 tonnes of […]

OLIO raises $2.2 million to help reduce food wastage

UK-based OLIO, a food sharing app for reducing food waste, has raised $2.2 million in funding from several investors. The app, which was launched in the UK last year by cofounders Tessa Cook and Saasha Celestial-One, is used by neighbours to share unwanted or unused food around the local community. OLIO’s Food Waste Heroes Programme […]