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Fixing food waste problem means less hungry people and a great economy

Fixing food waste problem means less hungry people and a great economy

by Team Velocity Ventures | Jun 3, 2021 | News, Tech & Venture

by Sainul Abudheen K, e27.co In 2019, Singapore generated 744M kg of food waste, which is equivalent to 2 bowls of rice per person/day, or around 51K double-decker buses! Food waste is a colossal problem. It damages global economic and environmental resources....
Two local green companies among 25 in the world to win UN start-up competition

Two local green companies among 25 in the world to win UN start-up competition

by Team Velocity Ventures | Apr 1, 2021 | News, Tech & Venture

by Shabana Begum, The Straits Times SINGAPORE – Two local sustainability companies have beaten around 10,000 other green firms to join an elite group of 25 winners in a global start-up competition organised by a United Nations body. The top 25 will now get...
Discover how Lumitics is helping buffet kitchens curb food waste by peeking into their bins

Discover how Lumitics is helping buffet kitchens curb food waste by peeking into their bins

by Team Velocity Ventures | Feb 3, 2021 | News, Tech & Venture

by Vanessa Liu, The Straits Times The Sunday Times talks to Mr Rayner Loi, 26, co-founder and chief executive of Lumitics, a local technology start-up that developed Insight, a smart food waste tracker. The device is used by hotels, airlines and large commercial...

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