Food Retail Ventures

Veeve Inc. is a technology company that specializes in creating an innovative shopping cart designed to enhance the in-store shopping experience. Founded in 2018 and based in Issaquah, Washington, Veeve's smart shopping cart integrates artificial intelligence to automatically recognize products as they are added, facilitating a seamless and cashier-less checkout process. The cart features a built-in scale to calculate costs, as well as a display that offers personalized recommendations, advertising, and location-based promotions. Veeve's platform enables retailers to gain insights into customer engagement and product performance, while also improving operational efficiency. The company has attracted notable clients, including major grocery chains and local retailers, benefiting from quicker setup times and high customer satisfaction rates.

Flashfood is a B-corp certified company that operates a marketplace app connecting North American grocery retailers with consumers. It redirects near-expiry or surplus food from waste streams to motivated shoppers, offering significant savings while reducing food waste.

FoodMaven is a Colorado Springs-based distributor and digital marketplace that sources dated, local, oversupplied, and imperfect grocery items from distributors, manufacturers, and producers for restaurants and institutional kitchens. Founded in 2015 as FoodEx Corp and later renamed, it provides an internet marketplace and data-driven logistics to offer affordable options, often at about half price. The company pursues zero-waste principles by donating unsold inventory to food banks, animal feed, and composting programs. It also offers an AI-driven procurement platform with a browser extension that enables buyers to find the right product within their existing e-commerce workflow without changing processes. Through agile logistics and big-data optimization, FoodMaven aims to improve sourcing for food service operators while reducing waste and environmental impact.

CYTRIO develops a data privacy rights management platform for security and privacy professionals. Its platform offers automated identity verification, AI-driven data discovery, classification, and ID correlation, enabling clients to build trust by facilitating their customers' exercise of data privacy rights.

Halla is a company that specializes in Taste Intelligence, providing an innovative grocery AI platform designed to understand and respond to consumer preferences and behaviors in real-time. Its suite of products enables grocers to deliver hyper-personalized experiences through tailored product recommendations, substitutions, and search functionalities. By integrating Halla's technology, grocers can enhance customer engagement and drive sales, whether through online cart pages or in-store printed coupons. The platform leverages a combination of food data, human science, and operational insights, utilizing specialized machine-learning models to accurately predict shoppers' individual preferences. This results in a more satisfying grocery experience, encouraging larger purchases and improved customer loyalty.

Pensa Systems, Inc., established in 2016 with headquarters in Austin, Texas, and an office in Den Haag, Netherlands, specializes in developing autonomous perception systems for inventory visibility and management. The company employs advanced computer vision and artificial intelligence to provide real-time, accurate insights into retail shelf inventory for consumer packaged goods (CPG) brands and retailers worldwide. Pensa's technology comprises autonomous vision capture at the front-end and predictive analytics on the back-end to minimize stockouts and optimize revenues. Notable clients include Johnson & Johnson, General Mills, Anheuser-Busch InBev, Circle K, and Unilever.

What is BRINC? Brinc is your online platform for quick local delivery service. We deliver everything you need in everyday life. You simply order via app or on our website from our partner stores – and we bring everything to you. We are fast: in about 60 minutes, we will ring your doorbell. Instead of delivering in days, we offer you quick availability of all products. With our continuously optimized routes, our delivery fleet also saves resources, helps to ensure that fewer cars are on the road and thus ensures lower CO2 emissions. You can already enjoy our services in many cities. Our various partners include supermarkets, bakeries, beverage shops, pharmacies, restaurants, drugstores, flower shops and more. Your benefits: you save a lot of time when shopping, you can quickly fulfill urgent desires and simply relax and enjoy life. Using the innovative algorithms of our software, we always find the optimal route to your place and are able to deliver your items as quickly as possible. And the best thing is: You can start right away! BRINC brings everything you need in everyday life quickly and easily to your home. In short: You order. We deliver. Just give it a try now!

Kevel is a company that specializes in the development of ad-serving APIs aimed at assisting developers in building server-side ad platforms. Its suite of APIs offers access to a wide range of ad-serving features and decision-making tools, facilitating seamless native promotions. Additionally, Kevel's solutions enable the easy integration of first-party data, enhancing revenue potential and ad relevance. By providing these resources, Kevel empowers developers to create customized ad servers efficiently and effectively.

Afresh Technologies designs AI-powered supply chain software for fresh groceries. The platform forecasts item-level demand for perishable goods and provides data-driven recommendations to optimize inventory and procurement, reduce waste, maximize freshness, and improve margin. It covers warehouse and store-level inventory, pricing, markdowns, and omnichannel visibility, enabling retailers to manage perishable categories across stores. Founded in 2017 and based in San Francisco, Afresh serves grocers and wholesalers aiming to optimize perishables with machine learning, ingesting millions of data points to inform replenishment decisions and allocation across the distribution network.

Afresh Technologies designs AI-powered supply chain software for fresh groceries. The platform forecasts item-level demand for perishable goods and provides data-driven recommendations to optimize inventory and procurement, reduce waste, maximize freshness, and improve margin. It covers warehouse and store-level inventory, pricing, markdowns, and omnichannel visibility, enabling retailers to manage perishable categories across stores. Founded in 2017 and based in San Francisco, Afresh serves grocers and wholesalers aiming to optimize perishables with machine learning, ingesting millions of data points to inform replenishment decisions and allocation across the distribution network.

Flashfood is a B-corp certified company that operates a marketplace app connecting North American grocery retailers with consumers. It redirects near-expiry or surplus food from waste streams to motivated shoppers, offering significant savings while reducing food waste.

Evigence Sensors is a company that specializes in manufacturing sensors designed to monitor the shelf life of perishable products. The company offers a Freshness Management System that integrates sensors and data analytics to enable food brands, retailers, and foodservice providers to assess and manage food freshness in real time throughout the supply chain. Their food storage trackers monitor the storage time and conditions of food, while the SMART DOT application allows users to scan the sensors for tracking remaining shelf life and connect with sellers. Founded in 2004 and originally known as Freshpoint Quality Assurance Ltd, Evigence Sensors changed its name in February 2019. The company is based in Yokne’am, Israel, with a commercial office in Hoboken, New Jersey. It holds 25 granted patents and is recognized as one of only two companies globally that meet the strict World Health Organization standards for vaccine vial monitoring. Initially focused on healthcare, Evigence shifted its technology towards the monitoring and management of fresh foods in 2016.