Romanian startup Neurolabs’ tech is helping supermarkets to reduce waste by up to 40%

According to UN statistics, roughly 30% of global production is lost or wasted annually – or approximately 1.6 billon tons. The problem is expected to deepen; a recent report predicts if no urgent action is taken to reduce food waste, by 2030 the world will waste 66 tons of food every second. At the same time, 795 million people worldwide don’t have enough food to lead a healthy and active life. Several startups have emerged recently to address the world’s waste problems. Neurolabs, a startup from Cluj-Napoca, Romania, is one of them. Just founded in 2018, the startup has developed software to help supermarkets reduce waste, by using AI algorithms to make better sales predictions and optimise their orders and inventory – thereby addressing the problem before it occurs. With precise forecasting, Neurolabs provides retailers with all the tools they need to prevent overstocking.