This tech startup wants to use deep learning to reduce food waste

AgShift, a technology startup building the first ever autonomous food inspection system, has raised $2 million seed funding from India's Exfinity Ventures and other companies. The purpose of the fundraising was to bolster product development and reach more customers, to help the startup pursue its mission of reducing global food waste. "Current food inspection processes are paper-based and tedious, needing continuous personal training. Inconsistent & subjective inspections result in a loss of $15.6 billion a year for the organizations responsible -- not counting the millions of dollars in recovery costs, claim management and loss of brand reputation incurred by the companies involved," said AgShift founder and CEO Miku Jha. "At AgShift, we are re-imagining food inspection at various layers -- starting from digitizing product specifications, using a mobile-first approach for operational efficiencies to leveraging Deep Learning to make inspections autonomous. Our goal is to standardize food inspection across the entire supply chain and reduce food wastage resulting from inconsistencies in food quality interpretation."