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foodforecast

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uuid0000yqa

Namestring
foodforecast
Legal namestring
Foodforecast Technologies GmbH
Company typeenum
Private
Founded yearint
2018
Descriptiontext

Foodforecast Technologies GmbH is a Cologne-based AI software company that builds a cloud-based demand forecasting and production planning platform for ultra-fresh food categories. Founded in 2018 and commercially launched in 2022, the platform applies machine learning to historical sales data combined with external signals such as weather, holidays, local events, and seasonal patterns to produce intra-day and daily forecasts at the item and location level, with claimed accuracy above 95%. The product is delivered as three vertical-specific solutions for bakeries, supermarkets, and food-service and system catering operators, built around two core modules: an in-store autopilot production plan that updates multiple times per day and an order optimization engine that drives daily replenishment orders to warehouses, suppliers, and central hubs. The platform integrates with customer ERP and inventory management systems, supports full order automation and real-time out-of-stock anomaly detection, and exposes a Power BI analytics dashboard for long-term performance monitoring.

Foodforecast operates a B2B SaaS model with annual subscription billing tied to the number of spatially independent units (branches, outlets, or locations) that actively use the cloud services, with implementation and ERP interface work included at no additional cost and annual price adjustments capped at 10% per change based on the German consumer price index. GTM is sales-led, combining inbound demo booking via HubSpot, an interactive ROI calculator on the website, content marketing in German and English, paid search, and field presence at industry trade shows such as SachsenBack. The company reports deployment across several thousand stores in Europe, with a customer mix spanning enterprise foodservice operators (SSP Germany, Ritazza), mid-market chains (Eat Happy/EHG, Merzenich, Haferkamp), and a long tail of SMB bakeries and cafes. Foodforecast is privately held and backed by SHIFT Invest, the European Circular Bioeconomy Fund, Future Food Fund, Aeronaut Invest, and Scalehouse Capital across funding rounds in 2022, 2024, and a €8 million Series A in February 2026.

Short descriptiontext

Foodforecast is a Cologne-based AI SaaS company that provides machine learning demand forecasting and automated production planning for ultra-fresh food categories, serving bakeries, supermarkets, and food-service operators across Europe on a per-branch subscription model.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCologne, Germany
HQ citystring
Cologne
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
AI demand forecasting, food waste reduction, production planning software, ultra-fresh supply chain, bakery forecasting systems
Industry3 codes
1Local Chef/Restaurant Meal Boxes & Marketplace Prepared Meals
CodeCRAHAJAIPrimaryYes
2Hot Hold & Ready-to-Eat Meals (Rotisserie, Hot Bar, Entrées)
CodeCRAHAKABPrimaryNo
3Meal Planning & Prep Coaching (Macros, Grocery Guidance)
CodeHSADAFANPrimaryNo
NAICS code2 codes
  • Special Food Services7223
  • Caterers722320
SIC code1 code
  • Services-Prepackaged Software7372
Product category
AI Food Demand Forecasting Software
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Subscription (Cloud Services)
TypeSubscription Recurring
Description

Foodforecast provides a cloud-based AI solution delivered via remote data connection. Customers pay recurring subscription fees for access to the forecasting platform. Billing is based on the number of spatially independent units (branches, outlets, locations) that use the Cloud Services at least 10 days per calendar month. The subscription includes implementation support, 24/7 support, and automatic updates. Annual price adjustments are made according to VPI (German consumer price index) with a maximum 10% increase cap per adjustment.

foodforecast.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Pricing details2 tiers
1Per-branch subscription with volume-based tiers
ModelSubscriptionBilling cadenceAnnual
Notes

Billing is based on the number of spatially independent units (branches, outlets, or locations) that have used Cloud Services at least 10 days within a calendar month. No implementation or interface costs charged to customers. Free trial available. Annual price adjustments tied to German VPI, capped at 10% per adjustment.

foodforecast.com
2Sector-specific solutions with variable pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Different solution tiers for bakeries, supermarkets, and foodservice operators. The website features an interactive ROI calculator suggesting potential financial benefits and staff time savings based on sector, number of locations, and average daily revenue.

foodforecast.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Foodforecast provides a cloud-based AI platform for demand forecasting and production planning of ultra-fresh food categories, delivered to multi-site food operators. The SaaS solution delivers intra-day and daily demand forecasts, automates store production and ordering, and integrates with customers' existing inventory management and ERP systems. Sector-specific offerings target bakeries, supermarkets, and food-service/catering businesses across Europe.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Up to 30% food waste reduction
+5 more records
Product overview1 text field

Foodforecast offers a unified cloud-based AI platform for demand forecasting and production planning of ultra-fresh food products. The platform serves three sector-specific solutions: bakeries, supermarkets, and food-service/catering businesses. The core system delivers two integrated sub-products: the AI-based Production Plan (in-store autopilot) providing intra-day forecasts updated multiple times daily for real-time production adjustments, and the AI-based Order Optimization delivering daily demand forecasts for optimal warehouse and supplier ordering. All solutions leverage the same underlying AI engine, integrating seamlessly with customers' existing inventory management and ERP systems to automate store production and ordering for multi-site food operators. The company operates on a SaaS model, providing ongoing support, implementation, and Power BI dashboards for performance analytics.

Product and service3 records
1Foodforecast AI Platform for Bakeries
CategoryAI Demand Forecasting Software
Description

AI-powered demand forecasting and production planning solution tailored for bakery operations, providing intra-day sales forecasts and automated production suggestions to reduce food waste and optimize fresh bakery product availability across multiple store locations.

2Foodforecast AI Platform for Supermarkets
CategoryAI Demand Forecasting Software
Description

AI-driven demand and production forecasting platform for supermarket fresh food departments, delivering daily and intra-day demand predictions at item level to optimize ordering from warehouses and central hubs and ensure full shelves with minimal waste.

3Foodforecast AI Platform for Food-Service
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Afresh is an AI-native fresh-food forecasting and inventory platform for grocery and foodservice operators in North America. It is the most direct functional peer to Foodforecast, addressing the same ultra-fresh demand forecasting and order automation problem with similar ML-based, ERP-integrated SaaS delivery.

TypeDirect peer
Description

RELEX provides AI-driven supply chain and demand forecasting software for grocery, foodservice, and bakery-adjacent retail verticals. It directly overlaps with Foodforecast's order optimization and production planning use cases across multi-site fresh-food operators.

TypeBroad incumbent
Description

Blue Yonder (Panasonic-owned) offers enterprise demand forecasting and replenishment suites used by many large grocers and foodservice groups. It is a broader incumbent that competes for the same forecasting budgets but as part of a much wider SCM platform rather than ultra-fresh specialization.

TypeDirect peer
Description

ToolsGroup delivers AI-driven demand forecasting and inventory optimization for retailers and manufacturers. Its multi-echelon forecasting capabilities overlap with Foodforecast's order and production planning for fresh SKUs.

TypeDirect peer
Description

Crisp is a real-time data and demand-forecasting platform for fresh food suppliers and retailers. It competes in adjacent territory by connecting POS, weather, and event data to improve fresh-food replenishment decisions similar to Foodforecast's approach.

TypeEmerging player
Description

Wasteless applies AI-driven dynamic pricing to perishable grocery inventory to reduce waste. It addresses the same waste problem from a pricing angle rather than forecasting, making it an adjacent emerging player to Foodforecast in supermarket fresh categories.

TypeEmerging player
Description

Winnow provides AI-powered food waste measurement and analytics for commercial kitchens and foodservice operators. It overlaps with Foodforecast's foodservice vertical by tackling the same waste-reduction business case, though from a measurement rather than forecasting standpoint.

TypeEmerging player
Description

Leanpath offers food waste prevention technology for foodservice and retail kitchens, combining measurement with actionable insights. It competes for the same foodservice waste-reduction budget as Foodforecast's foodservice product line.

TypeBroad incumbent
Description

o9 Solutions is an AI-powered enterprise planning platform covering demand forecasting, supply planning, and integrated business planning. It serves large grocers and consumer goods companies and represents a broader incumbent alternative to Foodforecast's specialized fresh-food forecasting.

TypeOthers
Description

ImpactVision uses imaging and AI to assess fresh food quality for retailers and suppliers. While focused on quality assessment rather than forecasting, it is a thematically adjacent AI-for-fresh-food company that could be a future integration or competitive threat to Foodforecast.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers13 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

foodforecast

AI Food Demand Forecasting Softwarefoodforecast.com

Foodforecast is a Cologne-based AI SaaS company that provides machine learning demand forecasting and automated production planning for ultra-fresh food categories, serving bakeries, supermarkets, and food-service operators across Europe on a per-branch subscription model.

What foodforecast does

Foodforecast Technologies GmbH is a Cologne-based AI software company that builds a cloud-based demand forecasting and production planning platform for ultra-fresh food categories. Founded in 2018 and commercially launched in 2022, the platform applies machine learning to historical sales data combined with external signals such as weather, holidays, local events, and seasonal patterns to produce intra-day and daily forecasts at the item and location level, with claimed accuracy above 95%. The product is delivered as three vertical-specific solutions for bakeries, supermarkets, and food-service and system catering operators, built around two core modules: an in-store autopilot production plan that updates multiple times per day and an order optimization engine that drives daily replenishment orders to warehouses, suppliers, and central hubs. The platform integrates with customer ERP and inventory management systems, supports full order automation and real-time out-of-stock anomaly detection, and exposes a Power BI analytics dashboard for long-term performance monitoring.

Foodforecast operates a B2B SaaS model with annual subscription billing tied to the number of spatially independent units (branches, outlets, or locations) that actively use the cloud services, with implementation and ERP interface work included at no additional cost and annual price adjustments capped at 10% per change based on the German consumer price index. GTM is sales-led, combining inbound demo booking via HubSpot, an interactive ROI calculator on the website, content marketing in German and English, paid search, and field presence at industry trade shows such as SachsenBack. The company reports deployment across several thousand stores in Europe, with a customer mix spanning enterprise foodservice operators (SSP Germany, Ritazza), mid-market chains (Eat Happy/EHG, Merzenich, Haferkamp), and a long tail of SMB bakeries and cafes. Foodforecast is privately held and backed by SHIFT Invest, the European Circular Bioeconomy Fund, Future Food Fund, Aeronaut Invest, and Scalehouse Capital across funding rounds in 2022, 2024, and a €8 million Series A in February 2026.

foodforecast firmographics

Firmographics
Name
foodforecast
Legal name
Foodforecast Technologies GmbH
Website
https://foodforecast.com
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
11–50 employees
Short description
Foodforecast is a Cologne-based AI SaaS company that provides machine learning demand forecasting and automated production planning for ultra-fresh food categories, serving bakeries, supermarkets, and food-service operators across Europe on a per-branch subscription model.
Ownership category
akta.pro rank

foodforecast industry classification

Industry
Product category
AI Food Demand Forecasting Software
NAICS
Special Food Services (7223), Caterers (722320)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Local Chef/Restaurant Meal Boxes & Marketplace Prepared Meals (CRAHAJAI)
akta.pro secondary industries
Hot Hold & Ready-to-Eat Meals (Rotisserie, Hot Bar, Entrées) (CRAHAKAB), Meal Planning & Prep Coaching (Macros, Grocery Guidance) (HSADAFAN)

Keywords

  • AI demand forecasting
  • Food waste reduction
  • Production planning software
  • Ultra-fresh supply chain
  • Bakery forecasting systems

Where foodforecast is headquartered

Location

Headquarters

HQ city
Cologne
HQ country
Germany
HQ region
Europe

Offices2 records

Markets served

foodforecast business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. SaaS Subscription (Cloud Services): Foodforecast provides a cloud-based AI solution delivered via remote data connection. Customers pay recurring subscription fees for access to the forecasting platform. Billing is based on the number of spatially independent units (branches, outlets, locations) that use the Cloud Services at least 10 days per calendar month. The subscription includes implementation support, 24/7 support, and automatic updates. Annual price adjustments are made according to VPI (German consumer price index) with a maximum 10% increase cap per adjustment.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualPer-branch subscription with volume-based tiers
SubscriptionAnnualSector-specific solutions with variable pricing

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

foodforecast product offering

Product offering

Core offering

Foodforecast provides a cloud-based AI platform for demand forecasting and production planning of ultra-fresh food categories, delivered to multi-site food operators. The SaaS solution delivers intra-day and daily demand forecasts, automates store production and ordering, and integrates with customers' existing inventory management and ERP systems. Sector-specific offerings target bakeries, supermarkets, and food-service/catering businesses across Europe.

Product overview

Foodforecast offers a unified cloud-based AI platform for demand forecasting and production planning of ultra-fresh food products. The platform serves three sector-specific solutions: bakeries, supermarkets, and food-service/catering businesses. The core system delivers two integrated sub-products: the AI-based Production Plan (in-store autopilot) providing intra-day forecasts updated multiple times daily for real-time production adjustments, and the AI-based Order Optimization delivering daily demand forecasts for optimal warehouse and supplier ordering. All solutions leverage the same underlying AI engine, integrating seamlessly with customers' existing inventory management and ERP systems to automate store production and ordering for multi-site food operators. The company operates on a SaaS model, providing ongoing support, implementation, and Power BI dashboards for performance analytics.

Differentiator

Problem solved

Functional benefit

Products and services

  • Foodforecast AI Platform for Bakeries AI-powered demand forecasting and production planning solution tailored for bakery operations, providing intra-day sales forecasts and automated production suggestions to reduce food waste and optimize fresh bakery product availability across multiple store locations.
  • Foodforecast AI Platform for Supermarkets AI-driven demand and production forecasting platform for supermarket fresh food departments, delivering daily and intra-day demand predictions at item level to optimize ordering from warehouses and central hubs and ensure full shelves with minimal waste.
  • Foodforecast AI Platform for Food-Service

Quantifiable outcome

  • Up to 30% food waste reduction
  • +5 more outcomes

Companies that use foodforecast

Customer profile

Named customers13 records

Segments3 records

Ideal customer profiles3 records

foodforecast technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature7 records

foodforecast partnerships and signals

Strategic signal

Scale indicators9 records

Recent moves4 records

Expansion highlights5 records

foodforecast competitors and assessment

Company assessment

Direct peers

  • Afresh Technologies: Afresh is an AI-native fresh-food forecasting and inventory platform for grocery and foodservice operators in North America. It is the most direct functional peer to Foodforecast, addressing the same ultra-fresh demand forecasting and order automation problem with similar ML-based, ERP-integrated SaaS delivery.
  • RELEX Solutions: RELEX provides AI-driven supply chain and demand forecasting software for grocery, foodservice, and bakery-adjacent retail verticals. It directly overlaps with Foodforecast's order optimization and production planning use cases across multi-site fresh-food operators.
  • ToolsGroup: ToolsGroup delivers AI-driven demand forecasting and inventory optimization for retailers and manufacturers. Its multi-echelon forecasting capabilities overlap with Foodforecast's order and production planning for fresh SKUs.
  • Crisp: Crisp is a real-time data and demand-forecasting platform for fresh food suppliers and retailers. It competes in adjacent territory by connecting POS, weather, and event data to improve fresh-food replenishment decisions similar to Foodforecast's approach.

Broad incumbents

  • Blue Yonder: Blue Yonder (Panasonic-owned) offers enterprise demand forecasting and replenishment suites used by many large grocers and foodservice groups. It is a broader incumbent that competes for the same forecasting budgets but as part of a much wider SCM platform rather than ultra-fresh specialization.
  • o9 Solutions: o9 Solutions is an AI-powered enterprise planning platform covering demand forecasting, supply planning, and integrated business planning. It serves large grocers and consumer goods companies and represents a broader incumbent alternative to Foodforecast's specialized fresh-food forecasting.

Emerging players

  • Wasteless: Wasteless applies AI-driven dynamic pricing to perishable grocery inventory to reduce waste. It addresses the same waste problem from a pricing angle rather than forecasting, making it an adjacent emerging player to Foodforecast in supermarket fresh categories.
  • Winnow Solutions: Winnow provides AI-powered food waste measurement and analytics for commercial kitchens and foodservice operators. It overlaps with Foodforecast's foodservice vertical by tackling the same waste-reduction business case, though from a measurement rather than forecasting standpoint.
  • Leanpath: Leanpath offers food waste prevention technology for foodservice and retail kitchens, combining measurement with actionable insights. It competes for the same foodservice waste-reduction budget as Foodforecast's foodservice product line.

Others

  • ImpactVision: ImpactVision uses imaging and AI to assess fresh food quality for retailers and suppliers. While focused on quality assessment rather than forecasting, it is a thematically adjacent AI-for-fresh-food company that could be a future integration or competitive threat to Foodforecast.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

foodforecast social profiles

Digital presence

foodforecast financial estimates

Financial estimate

Revenue estimate

Valuation estimate

foodforecast leadership team

Management profile

Number of profiles

Profiles3 records

foodforecast funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

foodforecast M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about foodforecast

What does foodforecast do?

Foodforecast provides a cloud-based AI platform for demand forecasting and production planning of ultra-fresh food categories, delivered to multi-site food operators. The SaaS solution delivers intra-day and daily demand forecasts, automates store production and ordering, and integrates with customers' existing inventory management and ERP systems. Sector-specific offerings target bakeries, supermarkets, and food-service/catering businesses across Europe.

Is foodforecast a public or private company?

foodforecast is a private company. It is classified as venture growth investor backed and is currently operating.

When was foodforecast founded?

foodforecast was founded in 2018. It employs 11 to 50 people.

Where is foodforecast based?

foodforecast is headquartered in Cologne, Germany, in the Europe region.

How does foodforecast make money?

One revenue line is on record: saaS Subscription (Cloud Services).

Who are foodforecast's main competitors?

Direct peers on record are Afresh Technologies, RELEX Solutions, ToolsGroup and Crisp. Broad incumbents are Blue Yonder and o9 Solutions. Emerging players are Wasteless, Winnow Solutions and Leanpath. ImpactVision is listed as an others.

Does foodforecast have an API?

No public API is recorded for foodforecast.

What industry is foodforecast in?

foodforecast's product category is AI Food Demand Forecasting Software. Its primary akta.pro industry code is CRAHAJAI, Local Chef/Restaurant Meal Boxes & Marketplace Prepared Meals, with a secondary code of CRAHAKAB, Hot Hold & Ready-to-Eat Meals (Rotisserie, Hot Bar, Entrées). Its NAICS code is 7223 and its SIC code is 7372.

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Live signals
deutsche-startups.de5 millionenschwere Kölner Startups, von denen wir große Dinge erwartenFive Cologne startups—eternal.ag, foodforecast, United Manufacturing Hub, Cellbox, and Einklang—are highlighted for their recent funding rounds. The companies received between €2.2 million and €8 million in investments, with foodforecast and eternal.ag each getting €8 million. The article notes Cologne's growing startup ecosystem, with around 800 companies based there.FoodforecastDigitalization in system catering: successful with smart planningfoodforecast, a provider of AI-based demand forecasting solutions, is promoting its technology to help bakery, retail, and catering businesses resolve the apparent conflict between maintaining high product availability and minimizing food waste.FoodforecastSmart planning in the catering industryThis article examines how the catering industry faces mounting pressures from rising costs, skilled worker shortages, volatile demand, and thin margins, making traditional manual planning methods increasingly inadequate. It promotes Foodforecast as a provider of AI-driven, data-based production planning solutions that can help catering businesses reduce food waste, improve product availability, and enhance operational efficiency. The article argues that smart, technology-enabled planning has become a competitive necessity rather than an optional enhancement for the sector.Pulse 2.0Foodforecast: €8 Million Raised For AI Food Waste Forecasting PlatformCologne-based AI foodtech company Foodforecast has raised €8 million in a Series A funding round co-led by SHIFT Invest and the European Circular Bioeconomy Fund (ECBF), with participation from Future Food Fund and Aeronaut Invest. The funding will accelerate the company's international expansion of its AI-driven demand and production forecasting platform for ultra-fresh food products across European markets. Since its commercial launch in 2022, Foodforecast has deployed its platform in several thousand stores across Europe, helping customers reportedly achieve up to 30% reductions in food waste and up to 11% increases in sales.The Next WebAI foodtech startup Foodforecast raises €8 MillionCologne-based AI foodtech startup Foodforecast has raised €8 million in a Series A funding round co-led by SHIFT Invest and the European Circular Bioeconomy Fund (ECBF), with participation from Future Food Fund and Aeronaut Invest. The company's AI-driven forecasting platform targets ultra-fresh food categories such as baked goods, sandwiches, and ready-to-eat meals, claiming waste reductions of up to 30 percent and sales increases of around 11 percent. Foodforecast, founded in 2018 and commercially launched in 2022, plans to use the funding to expand across European markets and deepen adoption among food service, bakery, and retail customers.EU-StartupsGerman AI FoodTech startup Foodforecast raises €8 million to tackle ultra-fresh food wastageFoodforecast, a Cologne-based AI FoodTech startup specialising in demand and production forecasting for ultra-fresh food supply chains, has secured €8 million in Series A funding co-led by SHIFT Invest and ECBF, with participation from existing investors Future Food Fund and Aeronaut Invest. The funding will fuel international growth and enterprise-ready expansion as the company aims to address the problem of approximately 30,000 tons of fresh food wasted daily across Europe due to inaccurate demand planning. The company reports that its AI solutions help customers reduce food waste by up to 30% and increase sales by up to 11%, and plans to expand across European markets targeting food service, bakery chains, and food retail.FoundersTodayFoodforecast raises €8M Series A to expand AI forecasting for ultra-fresh food supply chainsFoodforecast, a Cologne-based AI FoodTech company specializing in demand and production forecasting for ultra-fresh food categories, has secured €8 million in Series A funding co-led by SHIFT Invest and ECBF, with participation from Future Food Fund and Aeronaut Invest. The investment will fund European market expansion and continued development of its AI platform, which the company states can reduce food waste by up to 30 percent and increase sales by up to 11 percent for clients. The platform, commercially launched in 2022, is currently deployed across several thousand stores in Europe and has helped clients prevent more than 8,800 tons of food waste to date.LinkedIn🚀 A big step forward for Foodforecast: we’ve closed our Series A. With SHIFT Invest and European Circular Bioeconomy Fund (ECBF) joining us as new investors, and the continued backing of Future…Foodforecast, an AI-driven demand forecasting company serving bakeries, retail, and food service businesses across Europe, has closed its Series A funding round with new investors SHIFT Invest and European Circular Bioeconomy Fund (ECBF) joining alongside continued backing from Future Food Fund and Aeronaut Invest GmbH. The funding will support the company's scaling plans as it seeks to expand its operations that help businesses reduce waste and improve margins through AI-powered production forecasting. The company, which targets ultra-fresh food categories operating on tight margins, described this milestone as a testament to its team's ownership and ambition.InstagramFoodforecast Technologies GmbH (@foodforecastFoodforecast Technologies GmbH, a Cologne-based company, provides AI-driven sales planning tools to the food industry, specifically targeting bakeries and restaurants to optimize production and reduce waste. The company recently highlighted its technology's impact through media appearances at RTL Studios and participation in the DigitalX sustainability event in Cologne. A key case study involves the bakery Gilgens, which uses Foodforecast's AI to improve demand forecasting and minimize surplus production.FoodforecastCommon questions about foodforecast & AI solutions — FAQFoodforecast is an AI-driven SaaS platform designed to optimize inventory management and ordering processes for bakeries, restaurants, and food retailers. The solution utilizes machine learning to predict demand with 95% accuracy, aiming to reduce food waste by up to 30%, save employee time, and increase sales through automated ordering.