AgTech Start up raises US$2 Million funding led by Exfinity Ventures

To reduce global food waste, California-based technology startup AgShift, is developing  the world’s first autonomous food inspection system through Deep Learning and Computer Vision.  The company has reaised US$2 million in seed funding which will be used for the product development and expanding the existing customer reach. Currently, it is working with a select group of food industry leaders to bring this innovative solution to market.  

AgShift Founder Miku Jha“Current food inspection processes are paper-based and tedious, needing continuous personal training. Inconsistent & subjective inspections result in a loss of $15.6 billion a year for the organizations responsible – not counting the millions of dollars in recovery costs, claim management and loss of brand reputation incurred by the companies involved”, said Miku Jha, Founder and CEO of AgShift.

“At AgShift, we are re-imagining food inspection at various layers – starting from digitizing product specifications,  using a mobile-first approach for operational efficiencies to leveraging Deep Learning to make inspections autonomous. Our goal is to standardize food inspection across the entire supply chain and reduce food wastage resulting from inconsistencies in food quality interpretation.”  

AgShift solution blends Deep Learning with Computer Vision to autonomously inspect produce and other commodities for defects. It does quality assessments and makes judgements as per USDA specifications or organizations’ own specifications.

The patented deep learning models analyze the defects in the sample images and predict the overall quality of the sample. The platform relies on curated, extensive real-world image data sets to teach our software to analyze defects with high consistency and accuracy – every time.  The solution augments manual inspections – providing objective, consistent and standardized quality interpretation across the supply chain – every single time.

“We have just begun to see the capabilities that this technology can bring to the food industry. AgShift can make a huge  impact on reducing 1.3 Billion tons of annual food loss and waste – a complex, real world challenge for everyone.” said Miku Jha.