For-Profit FoodMaven Fights Food Waste; Food Service Companies Spend Less, Save More
With food waste a hot topic among environmental groups, many restaurants , supermarkets, food service and food manufacturing companies are joining the fight to combat the billions of pounds of waste created each year. Now, a start-up is attempting to keep food out of landfills in a way that’s unusual compared to others that are fighting waste from a charitable standpoint : FoodMaven is a for-profit enterprise, claiming it can make loads of money while combating the issue, writes Grub Street . FoodMaven has raised $8.6 million of Series A funding, including backing from the family behind Walmart, the Waltons, and from former Whole Foods co-CEO Walter Robb, who has also joined the new company’s board. Clearly, though some studies show that food waste isn’t quite as dire a problem as previously thought, those in the food industry know it is still an environmental issue that d...