Portuguese foodtech Brainr raises 11 million euros seed round

Portuguese foodtech Brainr raises 11 million euros seed round - Portugal Business News

Tech startup funding news - Portuguese foodtech Brainr just raised 11 million euros seed round, that is Portugal’s largest ever seed round and was led by C2 Capital Partners.

Tech startup Brainr is a digital brain for food factories that is already powering over 25% of Portugal’s meat production, cutting shipping errors by 95% and driving greater efficiency.

The new investment in Brainr will accelerate the use of AI in food manufacturing. The foodtech startup, that was launched in November 2023 by the CEO Paulo Gaspar, the COO Rui Batista and the CTO Ricardo Granada, uses AI technology that connects all factory areas in real time, eliminating errors, and improving performance and traceability.

Foodtech Brainr aims to grow internationally and expand into other food sectors, such as fish products, bakery, confectionery, beverages, and food products in general.