Artificial intelligence, Internet of things and smart technology are now making their way into all possible verticals and foodtech is no exception. Powered by artificial intelligence, apps are now able to suggest recipes based on raw material available in a user’s kitchen. Users can now judge the state and quantity of food with the help of internet connected devices in order to make the cooking process easier. Here’s an overview of some of the most interesting foodtech companies which employ AI and IoT technologies.
| Company Name | Overview | Founded Year | Location | Total Funding | Select Investors |
| Coravin | Tech for wine bottle – manufacturer | 2011 | United States | $39.68M | Quadrille Capital, Windham Venture Partners |
| Kuvée | Smart wine dispenser | 2014 | United States | $6M | Founder Collective, Bolt, General Catalyst |
| Innit | Phase sensors to manage and connect food information | 2013 | United States | $25M | – |
| Nima | IoT testing presence of gluten in their meal. | 2013 | United States | $13.2M | SK Ventures, SoftTech VC, Foundry Group |
| Consumer Physics | Spectrometer for chemical composition of eatables | 2011 | Israel | $11.5M | Khosla Ventures, OurCrowd |
| Invisible Sentinel | Technology provider for food supply safety | 2006 | United States | $10M | – |
| F Biocidics | Food safety solutions – Treatment company | 2008 | United States | $10M | Allied Minds |
| 6SensorLabs | Device testing food for gluten | 2013 | United States | $4.25M | SK Ventures, SoftTech VC, Lemnos Labs |
| INFARM | Indoor farming systems and equipment | 2013 | Germany | $31K | – |
| Juicero | Internet connected kitchen appliance (juicer) manufacturer | 2013 | United States | $89.8M | Two Sigma Ventures, KPCB, Google Ventures |
| June | Smart counter top oven | 2013 | United States | $29.5M | Founders Fund, Lumia Capital, First Round |
| Rotimatic | Rotimatic, a robotic roti-parata maker | 2008 | Singapore | $16M | NSI Ventures, Robert Bosch Venture Capital |
| Flatev | Smart Tortilla maker | 2012 | Switzerland | $4.66M | – |
| Spinn Coffee | Smart coffee making machine | 2014 | United States | $1.7M | – |
| Tovala | Smart Appliance manufacturer and food subscription service | 2007 | United States | $500k | Pritzker Group, Chicago Booth, Valor, Origin Ventures |