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

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

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...