food waste startup Mill said on Tuesday that it has reached an agreement with Amazon to deploy cans of in Whole Foods produce departments nationwide by 2027. Amazon’s Climate Pledge Fund is also investing in the startup, though it hasn’t disclosed the amount. The company has raised a total of $250 million to date, According For an Axios report.
Food wastage is a big problem. About 10% of all food – 43 billion pounds, according to a 2014 study – is thrown away in American grocery stores every year. For an industry that operates thin marginEvery pound thrown out is a lost opportunity and contributes to the store’s carbon footprint.
The mill is hoping its sensor-equipped bins can collect enough data to help Whole Foods reduce the amount of products it throws away. After the bins are dehydrated and the food waste is ground, the waste will be turned into chicken feed that will be shipped to Whole Foods’ private label egg suppliers.
