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The stickers use a combination of sensors and data analytics to monitor the freshness of food products in real time.
Various factors that influence food freshness are taken into account, including temperature, humidity, light exposure, and other environmental conditions, as well as the product’s expiration date and other product-specific information.
The sensors and other data-gathering devices may be integrated into packaging, storage containers, or other parts of the supply chain to collect real-time data. This data is then transmitted to a central database where it is analysed using algorithms and machine learning techniques to determine the freshness and shelf life of the food product.
This information can then be used by retailers to make informed decisions on when to restock, when to discard products that are no longer fresh, and how to optimise storage and transportation conditions to maintain freshness. The technology can also provide valuable insights into the supply chain and help retailers better understand the impact of various environmental and other factors on the freshness of their products.
Israel-based Evigence claims the tech can extend shelf life by 20% and reduce waste by 30%. In January 2023, the company secured a further $18m in Series B funding which will be used to expand commercial applications in Europe and the US. It counts US meal delivery company Marley Spoon By Martha Stewart as a customer.