Locations
United States · Istanbul, İstanbul, Turkey · İstanbul, Turkey · Arnavutköy, İstanbul, Turkey · Beykoz/İstanbul, Turkey · Bahçelievler, Şirinevler Bahçelievler/İstanbul, Turkey · Pendik/İstanbul, Turkey · Sultanbeyli/İstanbul, Turkey
industry
Commerce and Shopping · Wholesale
Size
1 - 10 employees
Stage
Series A
founded in
2017
Globally, it is known that 1/3 of the produced foods end up as waste. In Turkey, upon our calculations, 2 billion € worth of foods is being wasted as well, with an estimated 60% still being edible. Although this surplus food waste itself is a big cost to businesses in the food sector, there are also hidden costs that come along, such as warehousing, logistics, and demolishing these waste foods. Moreover, there is a 100% tax deduction incentive in Turkey for the foods to be donated instead of thrown away. Whole Surplus takes into account the economic, ethical, and environmental circumstances around food waste by providing innovative technological solutions, such as connecting food donors and charities and allowing surplus food e-commerce between businesses. Our first product, Whole Surplus (www.wholesurplus.com) donation platform, is providing professionals in the food industry the opportunity to offer their unsold but safe-to-eat products online to food banks. Food industry professionals can donate safe-to-eat products that are discarded at an earlier stage due to several reasons, such as not conforming to the norm in shape or being close to sell best by date, which are perfectly healthy. A food bank is a non-profit, charitable organization that distributes food to those who have difficulty purchasing enough food to avoid hunger. Our aim is to expand this product to an e-commerce platform for surplus foods between businesses to utilize foods considering sell best by date and other constraints through the right redistribution and matching. This system will also provide an advantage to the buyer side, such as a hotel or a catering firm, to buy food close to sell best by date at a discount and prevent food waste by consuming it in a short period of time, which is a new era of smart buying for HORECA channel operators.
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