🌱 Tackling Food Waste
Polish startup Foodsi has just raised an additional $1.3M in its seed funding extension, bringing the total round to $2.6M. Foodsi was founded by Mateusz Kowalczyk and Kuba Fryszczyn to combat food waste by offering restaurants and stores a platform to sell surplus goods. The startup’s innovative approach provides consumers with food at discounts of up to 70%, a model designed to prevent waste while making quality food more affordable.
💡 Growing Support
The new funding attracted existing investors like AIP Seed, alongside new contributors Satus Starter and AC/VC Impact Fund. This investment will allow Foodsi to further develop its platform and expand its impact on food sustainability in Poland. “We’re grateful for the support of our investors who believe in our mission to reduce food waste,” said Mateusz Kowalczyk, co-founder of Foodsi.
📊 Addressing the EU’s Waste Crisis
According to Eurostat 2024, Europe produces over 59M tonnes of food waste each year, equal to around 132 kg per person. This waste costs the EU economy approximately $140B annually. Globally, almost a third of all food produced is either lost or wasted, highlighting the need for innovative solutions. Foodsi is positioned to address this problem by redirecting food surplus from local businesses to consumers at reduced prices.
🔗 The Way Forward
Foodsi’s impact-focused platform is part of a growing movement towards food sustainability in Europe. By linking local shops, bakeries, and restaurants with customers looking for discounts on surplus food, Foodsi is making strides to reduce waste. The company aims to use this latest funding to expand its network and further increase its impact. “Our mission is to create a world where no food goes to waste,” says Kowalczyk.
Could discounted surplus food become the norm?
