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Cutting-edge food waste solution for restaurants

Project description

AI-based monitoring service to decrease food waste, increase profits

A third of all food production goes to waste, of which a substantial 15 % comes from professional kitchens that could avoid this with the right tools. One such tool is Binspector, which automatically monitors and registers potential food waste. It integrates a smart camera, smart scale and AI image recognition technology, offers insights to maximise efficiency, and can even pre-fill restaurant ordering systems. Coordinated by Dutch start-up Orbisk, the EIC-funded project Binspector is working to ensure restaurants, hotels and caterers can use the product-as-a-service to decrease food waste by up to 70 % and drive an increase in net profits. The envisioned smart assistant will benefit its customers and our environment.

Objective

Worldwide, one-third of all food production is wasted, 15% of which is generated by restaurants, hotels and caterers who lack the tools to reap the benefits of reducing food waste. Our product, Binspector, combines a smart camera, a smart scale and artificial intelligence image recognition technology to automatically register all food going to waste and supply actionable insights to chefs on how to optimize inefficiencies. Integrated with external systems, our product will even pre-fill restaurant ordering systems. We offer our Product-as-a-Service to professional kitchens for a monthly fee with no upfront costs. It will allow an average kitchen to decrease its ecological footprint and food waste level by 70% and easily save over 30,000 annually, resulting in a net profit margin increase of up to 2%. The market is estimated to be worth 7,8B in Europe alone. Founded in 2019, Orbisk is a Dutch start-up with a team of 24 engineers, data scientists and commercial specialists.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

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(opens in new window) HORIZON-EIC-2021-ACCELERATORCHALLENGES-01

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Coordinator

ORBISK BV
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 412 112,00
Address
KANAALWEG 29A
3526 KM Utrecht
Netherlands

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 445 875,00
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