Impact Loop repots Lund-based startup Innoscentia, known for its innovative food waste technology, has raised €500,000 to commercialize its smart food label. The label, which uses reactive ink to detect bacterial growth in real time, aims to revolutionize how consumers evaluate food freshness.
Founded in 2015, Innoscentia has spent a decade developing advanced sensor technology capable of detecting changes in food quality before they become visible to the eye.
“Our sensors react to specific gases produced during spoilage. As food starts to degrade, certain compounds are released, and our technology detects these changes,”
says Erik Månsson, CEO of Innoscentia to Impact Loop.
A Solution to Combat Food Waste
The label is placed inside packaging and provides real-time updates on food quality, helping consumers make informed decisions and reduce waste. The product is part of a broader effort to address food waste, with the potential to reshape expiration labeling and improve sustainability in the food industry.
From Development to Market
Innoscentia has been methodical in its approach, dedicating much of the last decade to research and development. The company has partnered with Knäreds Kyckling, a Swedish poultry producer, for a pilot project and recently onboarded its first customers for an analytical tool complementing the label.
With limited competition, mainly in Spain, the UK and Norway, Innoscentia sees strong potential for growth. The latest funding round, backed by long-term angel investors from Skåne, will be used to scale production and expand partnerships with retailers and producers.
Promising Market Potential
Impact Loop reports Innoscentia has raised a total of € 2.2 million since its inception and now looks to transition from research-focused operations to broader commercialization and industrialization. As discussions with major industry players progress, the startup aims to make its mark in the fight against food waste.
