![]() ![]() He approached some academics in the field to learn more about the that was technology out there and discovered that the problem was one shared not just by amateur growers, but throughout the food industry. He became frustrated at his inability to grow great vegetables at home, while NASA could grow fresh produce in space. A self-confessed foodie, he had tried to grow his own produce, but with dismal results. The business was founded by entrepreneur Sumanta Talukdar. The company’s full-stack solution is engineered to measure plant crop physiological traits such as photosynthetic activity, biotic and abiotic stress and nutritional density, while driving correlations between the physiology of the plants and crops and the growth environment, enabling food producers to make meaningful interventions exactly when needed. On the demand side HIER is working with independent grocers within large German cooperatives as well as specialized grocers such as bakeries and butchers, and on the supply side with a diverse range of suppliers, including fruit and veg, dairy, meat, and alcoholic and non-alcoholic beverages.įounded in 2020, Gardin’s remote sensing technology aims to empower food producers by monitoring and delivering insights on plant health versus the growth environment to reduce waste and make growing food more sustainable. The business was pre-seed financed by VCs Pale Blue Dot, Speedinvest, Entrepreneur First, and Yes VC. We realized the best way to deliver results was to bring fresh, local food to them.” “Around 95% of people buy their food from brick and mortar food retail. “That’s not a scalable market,” says Hämmerle. The two founders realized early on that many foodtech firms are B2C businesses that focus on delivering food to a small percentage of people who live in metropolitan areas and can afford pricey delivery options. “Not only are we putting local food trade on par with the efficiency of global procurement, we are also enabling a more resilient supply chain, which is crucial, given the increasingly frequent shocks we’re facing to global agriculture and logistics,” says CEO Hämmerle. Founded in 2019 by Lara Hämmerle and Mark Jäger, the business connects food suppliers and retailers on the same platform. The German government is forecasting annual inflation to remain high at 5.9 percent this year, before falling to 2.7 percent next year.German startup HIER provides an app that enables grocers and stores to handle procurement from all their local suppliers in one place instead of having to individually call or email them. Germany's inflation rate is only expected to decline slightly to 7.2 percent in April. ![]() "Around 30 percent of the food banks have had to stop taking in clients because they lack food, helpers, premises and money," the non-profit organization the Tafel noted. Demand for the free food provided has gone up 50 percent on average across the country. German food banks already reached their limits at the beginning of the year. High inflation as well as the energy crisis had "significantly increased the financial hardships of many people in Germany," Fratzscher said. "Because of high inflation, large parts of society are cutting back on food, postponing spending and incurring debt," warned Marcel Fratzscher, president of the executive board at the German Institute for Economic Research last week. Vegetables, bread and cereal products as well as fish and seafood also became significantly more expensive, according to official figures. Soaring 22.3 percent year-on-year, food price inflation in March was around three times as high as the overall inflation rate in Europe's largest economy.ĭairy products and eggs in particular became more expensive, with price going up almost 35 percent within a year. "The further significant increase in food prices is likely to be a reason for this," Destatis said. ![]() ![]() BERLIN, May 2 (Xinhua) - Retail food sales in Germany in March were down by 10.3 percent in real terms, recording the sharpest year-on-year sales decline since the record began in 1994, the Federal Statistical Office (Destatis) said on Tuesday. ![]()
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