Irish company Senoptica is aiming to raise €4 million in funding to advance its sensor technology aimed at reducing food waste.
Senoptica’s system uses optical sensors using food-safe ink printed inside packaging that monitors the level of oxygen inside modified atmosphere (MAP) food packaging to help predict food spoilage and highlight any issues with incorrect packaging. This in turn can help extend the shelf life of fresh packaged food.
The company is aiming to cut up to 11 million tonnes of food waste every year, equal to 240 million tonnes of CO2.
The Trinity College-based company is planning to increase staff numbers to around 20 by the end of next year.
“What we expect is that, on confirmation of our first order, we will be expanding the team,” said Brendan Rice, cofounder and chief executive.
This week the company, which was established in 2018 by Mr Rice, Dr Rachel Evans and Dr Steve Comby, got approval from the US Food and Drug Administration for the use of its sensor technology in the US, a major milestone in its expansion.
Read the full article click here