On April 18, 2024, the Würzburg, Germany-based startup for AI-driven fresh food demand planning AIPERIA announced it has raised €7.5 million in Series A funding. Investors in this round include ETF Partners, LBBW VC, existing investor Earlybird Venture Capital, and several angel investors.
The company plans to use the raised funds for its international market expansion and further development of its technology to address the food waste problem in the fresh food sector.
AIPERIA was founded in 2021, with Franz Seubert serving as CEO and co-founder. The company's main business is to use artificial intelligence technology to provide demand planning solutions for fresh food retailers and suppliers, aiming to reduce waste, increase sales and profits, and reduce environmental impact by optimizing the fresh food ordering processes of retailers and suppliers.
(Source:Startbase)