Afresh has been named one of the most innovative FoodTech companies in the Thrive Top 50 ranking for the second year running. This annual ranking, established by SVG Ventures-Thrive (a Silicon Valley-based fund), honors the most promising companies in the sector, and singles out Afresh in the "next-generation supply chain" category, in recognition of its revolutionary approach to modernizing fresh produce logistics and avoiding waste. Thanks to the world's first artificial intelligence engine designed specifically for fresh foods, Afresh enables precise replenishment and optimized inventory management across the entire chain, guaranteeing consumers constant access to products of guaranteed freshness, while reducing waste for retailers.
The Thrive Top 50 ranking highlights companies that stand out for the quality of their management team, their cutting-edge technologies, their growth momentum and the strength of their financing. Following a rigorous six-month selection process, the SVG Ventures-Thrive team selected Afresh for the excellence of its technology, its ability to use AI to transform the fresh produce supply chain, and its positive impact on the future of food retailing.
The American company solves major structural challenges such as product perishability, demand volatility and operational disruptions. Its technology enables retailers to reduce wastage by 25%, and increase sales by 2-4%. AI solutions are deployed in over 7,000 fresh produce, meat, fish, delicatessen and bakery departments, including Albertsons, Fresh Thyme and Stater Bros.
