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About Wasteless

Founded in 2016, Wasteless is a sustainable fintech company that fights global warming by reducing food waste in supermarkets. In addition to benefiting food retailers, consumers, and the environment, Wasteless helps retailers to repair their costly discounts by applying its AI-Based markdown optimization solution. Food waste reduction is considered the third most impactful measure to reverse climate change. Forty percent of food ends up in landfills, making it the single largest CO2 emitter. Wasteless’ machine-learning technology aims to eradicate food waste in retail. It is backed by $9.75M in funding, led by Slingshot Ventures (NL), Zora Ventures (US), SOSV (US) IT-Farm (Japan), Food Angels (Germany), Strategic industry-related investors, and IIA  grants. The company was singled out in the FAO’s State of Food & Agriculture 2019 and received the 2020 and 2022 EU Seal of Excellence. The company won several awards, including XTC Global 1st place in food-tech and agriculture and the Accenture AI Award for its proprietary AI pricing engine. Most recently, the organization was selected by The Circulars and Uplink of the World Economic Forum as a leading solution to boost the circular economy.


Media contact
Lauren Perry[email protected]
+1 (617) 686-5924
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