Food Waste Technology Firm Secures Investment to Scale Across UK & Europe
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Food waste tech firm Limetrack secures funding to scale
Limetrack, the London-based food waste technology company that helps businesses cut costs, reduce carbon, and meet regulatory requirements through its patented ‘SMART Bin', announces it has successfully raised over £1.3 million to fund its next growth phase.
London company secures £1.3m to scale smart food-waste bin
A London-based company has secured over £1.3 million to scale production of its smart food-waste bin, which automatically weighs discarded food and reports carbon emissions. Limetrack says with the new investment, it aims to increase manufacturing of its ‘SMART bin’ from 20 bins a week to 250 bins a week within the next 10 to 12 months. The new funds were raised through a combination of a £1 million loan from Government-sponsored Innovate UK and…
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