Tallinn-based startup Inspectle Food has raised €400,000 in Pre-Seed funding led by Change Ventures, with the participation from Firstpick and Heartfelt_. The company streamlines food inspections, reduces costs and waste, and ensures safer food for consumers, Tech.eu reports.
- Founded in 2022, Inspectle Food develops a B2B platform for conducting regular hygiene inspections in GFSI certified food production plants that helps to solve non-conformities faster and saves quality team time due to automatically generated reports and user friendly interface.
- Inspectle claims that by utilizing its automated system to track and assign non-conformities, it has achieved tangible outcomes with clients like Lallemand and Saarioinen. This has led to improved hygiene standards, decreased costs and food waste, and an added sense of assurance for the end consumer.
- Thanks to the fresh funds, Inspectle Food is looking to expand the business across Europe and the US.
Who invested in Inspectle Food?
Change Ventures acted as the lead investor this round. It is a Tallinn-based venture capital firm backing ambitious founders from the Baltics with €100,000 — 500,000 in Pre-Seed capital initial investments.
“Food safety impacts us all, and even more so, it impacts the producers. For them, being able to streamline food safety inspections is not just a matter of checking the boxes; their reputation and even their license to operate depend on it. Inspectle Food’s inspection platform provides producers with the painkiller they’ve all been waiting for,”
Rait Ojasaar, founding partner at Change Ventures, commented.
In addition to Change Ventures’ lead investment, Inspectle’s round also saw the participation from Firstpick, a Lithuanian high-speed VC fund and an accelerator, and Heartfelt_, a German pre-seed VC fund.