Matsmart-Motatos is an online food retailer that focuses on reducing food waste. It provides an alternative route to the market for surplus food, the company aims to challenge the perception and consumption of food. In addition, its discounted prices enable its customers to save money, while doing something good for the environment. The company was founded in 2013 and is based in Stockholm, Sweden.
ESPs containing Matsmart-Motatos
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The surplus food marketplaces market connects growers, restuarants, and retailers with buyers who will purchase excess food and produce, reducing food waste and increasing farmers' revenues. Vendors in this market offer solutions to optimize surplus food, saving it from going to waste and turning it into revenue for partners. Consumers benefit from being able to purchase perfectly good food at a d…
Research containing Matsmart-Motatos
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CB Insights Intelligence Analysts have mentioned Matsmart-Motatos in 1 CB Insights research brief, most recently on Jan 6, 2023.
Expert Collections containing Matsmart-Motatos
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Matsmart-Motatos is included in 4 Expert Collections, including Grocery Retail Tech.
Grocery Retail Tech
Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.
Startups that help tackle food waste along the food value chain. Includes solutions that help resell or repurpose food waste.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Food & Beverage
Latest Matsmart-Motatos News
Sep 12, 2023
Tue, 12 Sep 2023 | BUSINESS SALE Huddled Group has acquired the UK trading assets and stock of Motatos, following the company's decision to exit the UK market. Swedish-based D2C (direct-to-consumer) e-commerce retailer Matsmart-Motatos has decided to exit the UK with immediate effect in order to focus on its core markets in the DACH and Nordic regions. Motatos is dedicated to tackling global food waste and sells food and other consumer products that are at risk of being wasted at discounted prices. The firm launched in the UK in June 2022 and generated a strong position in the market, with around 10,000 new customers signed up each month and over 1,000 tonnes of food and consumer products recirculated alongside its customers and suppliers. Huddled Group, the owner of Discount Dragon, has acquired the firm’s UK business for an undisclosed sum. The acquisition is seen as complementary to the Discount Dragon brand, which also sells short-dated or surplus stock. Describing the businesses as a “natural fit”, Huddled Group Chairman Martin Higginson said: "At a time when consumers are struggling with the cost of living and looking to seek better value, we believe we are well positioned to offer everyday essentials at heavily discounted prices to the mass market." Motatos Chief Executive Peter Beckius added: "As a zero waste business, it is of course important to us to make sure that the food and household products we have in stock will not be discarded, but find their way to the market and eventually peoples' homes.” "We also leave hoping that the UK food sector will keep working towards zero waste. It is an important battle to win, for the planet and for peoples' wallets."
Matsmart-Motatos Frequently Asked Questions (FAQ)
When was Matsmart-Motatos founded?
Matsmart-Motatos was founded in 2013.
Where is Matsmart-Motatos's headquarters?
Matsmart-Motatos's headquarters is located at Östgötagatan 12, Stockholm.
What is Matsmart-Motatos's latest funding round?
Matsmart-Motatos's latest funding round is Series D.
How much did Matsmart-Motatos raise?
Matsmart-Motatos raised a total of $145.81M.
Who are the investors of Matsmart-Motatos?
Investors of Matsmart-Motatos include Northzone, Edastra Venture Capital, SEB Private Equity, Refood Invest, Blume Equity and 15 more.
Who are Matsmart-Motatos's competitors?
Competitors of Matsmart-Motatos include Kuradashi and 3 more.
Compare Matsmart-Motatos to Competitors
OLIO operates as an application to declutter and reduce waste. It connects neighbors and local shops so that surplus food and other items can be shared rather than thrown away. It was founded in 2016 and is based in London, United Kingdom.
Yume Food is a marketplace that helps connect businesses that have a premium surplus or excess produce with other businesses that can use it. For buyers, the platform acts as an opportunity to purchase quality surplus food at heavily discounted rates. For suppliers, the platform gives access to a large network of buyers outside of their normal sales networks.
Phenix helps businesses to reduce waste by reawakening the potential of their waste. It aims to promote the second life of products, foods, and non-food for various sectors including charities. The company was founded in 2014 and is based in Paris, France.
Foodsi provides food re-usage and waste management services. It caters to restaurants, bakeries and supermarkets, and other food service retailers for using surplus food to reduce wastage. The company was founded in 2019 and is based in Lubin, Poland.
FlashFood offers a mobile application to buy grocery products. The application allows users to buy surplus food products at steep discounts. It offers food products such as cucumber, peppers, mushrooms, meat, and more. It was founded in 2016 and is based in Toronto, Canada.
RELEX provides an integrated retail and supply chain planning system. The company offers a platform for demand planning, merchandising, supply chain, retail operations and more. It serves retail enterprises globally. The company was formally known as RELEX Solutions. It was founded in 2005 and is based in Helsinki.