Former Walmart alumnus brings AI to trucking, minimizing spoiled produce26 Nov 2020
The former Walmart executive Syed Aman has moved on in his logistics career and is now the cofounder and CEO of HWY Haul, a company that professes a goal of streamlining the business of delivering produce to retailers while also reducing food waste.
Produce spends nearly half its life in transit before it is delivered to the destination at which it is scheduled to be sold. The result of this drawn-out process is that it risks food spoilage and therefore requires retailers to manually check in on the status of deliveries while drivers are required to make periodic stops to check on temperature, all cutting down on efficiency.
Aman is aiming to automate this process end to end through the use of AI and machine learning. HWY Haul allows both stores and suppliers to schedule a driver that is vetted by Aman’s startup, determine trip cost, monitor routes in real-time through “smart” updates, and receive temperature check data directly from the freight hauler.
One of the results of this integrated tracking system for deliveries is that it renders the supply chain more efficient thereby reducing food that arrives at its destination already spoiled, only to be tossed in the dumpster. This system results in 40% of food in the United States going uneaten, which translates to Americans throwing out the equivalent of $165 billion each year, according to the Natural Resources Defense Council.
What was already a supply chain issue has only been exacerbated by COVID-19. Hiccups in transportation and safety have only made the delivery of quality produce more important as delays have become commonplace. Aman told Forbes that despite the constant changes in transportation and truck and driver availability caused by the pandemic, the deliveries scheduled using HWY Haul’s AI, were on-time and delivered using reliable carriers 100% of the time.
This Bay Area startup is beginning to get the attention of produce distributors thanks to its reliability. In August, the startup landed a $1.8 million seed round, bringing its total funding to $3.3 million since its founding in 2018, according to Crunchbase data. Along with money, the company has landed some key accounts, working with Costco, H-E-B, Kroger, Safeway, Hello Fresh and Walmart. With transportation logistics continuing to be a cumbersome undertaking, it is likely that this enterprise is entering the beginning of its growth trajectory.
General Mills launches snack limiting blood sugar spikes
21 Jul 2021
Coming out of General Mills’ Innovation Lab is a new snack brand called Good Measure that is designed specifically to not spike the blood sugar of the person snacking. While this product can serve a wide variety of consumers, including those following ...Read more
Animal-free dairy cheese appeals to over half of global consumers
20 Jul 2021
Globally, 70.5% of consumers said they would be willing to buy cheese made with dairy proteins that don’t come from animals, according to a new survey from the precision fermentation company Formo and the University of Bath published in the journal Fro...Read more
Cambridge University invents vegan spider silk to replace single-use plastics
19 Jul 2021
Xampla, a spinoff from Cambridge University, is working on commercializing a biodegradable alternative to single-use plastics that is made out of plant products but where the molecular structure is manipulated to resemble spider silk.Read more
Future of Nutrition Award debuts at the Fi Europe Innovation Awards
16 Jul 2021
The Fi Europe Innovation Awards, held at Fi Europe 2021 co-located with Hi Europe, celebrate people, companies and organisations breaking new ground in the Food & Beverage industry.Read more
Halo Top co-founder launches low-calorie, low-sugar chocolate bar
15 Jul 2021
Gatsby Chocolate is one of the newest entrants into the better-for-you indulgence space as of this summer. From the founder of Halo Top ice cream, Doug Bouton, this new chocolate bar uses Epogee's EPG fat alternative ingredient, which is a formulation ...Read more
Aleph Farms raises $105M, plans for cell-based meat launch in 2022
13 Jul 2021
Cultured meat manufacturer Aleph Farms is steaming ahead toward its goal of commercialization. The Israeli startup announced it received $105 million in funding from a Series B investment round led by L Catterton's Growth Fund and DisruptAD, which is o...Read more
Provenance Bio's plant-based gelatin beats animal based options on price
12 Jul 2021
To answer the growing demand for animal-free collagen, San Francisco-based startup Provenance Bio, unveiled its first animal-free gelatin product made with its proprietary protein expression platform. The company said that the proteins it produces for ...Read more
Carbios technology creates first enzymatically recycled bottles
6 Jul 2021
French biochemistry firm Carbios announced that, in partnership with a consortium of CPG manufacturers, it has produced the world’s first food-grade PET plastic bottles made entirely from enzymatically recycled plastic .Read more
Imagindairy ferments casein and whey, expects launch in two years
1 Jul 2021
Israeli startup Imagindairy is aiming to take cows out of the dairy equation entirely with its animal-free casein and whey proteins that it has developed over the course of 15 years of research. The company says that its proprietary fermentation techno...Read more
Geltor introduces a cultured vegan collagen
28 Jun 2021
California-based cultured protein startup Geltor announced that it will release what it describes as the world’s first vegan collagen product, PrimaColl. This animal-free collagen will be available in mid-2021.Read more
Are you a supplier?
Here's what we can do for you
- Generate quality leads for your business
- Stay visible for 365 days of the year
- Receive product inquiries and respond to meeting requests directly
- Improve company online presence through Search Engine Optimisation