Aconex founders lead investment in food tech start-up Fresho
Summary
After a slow start, when Mr Andronis said the industry needed educating about the potential for new technology, Fresho has built up a platform of 10,000 restaurants and suppliers in only three years. As well as letting restaurants order from suppliers, Fresho provides invoicing, warehouse management, product pricing and reporting tools. " According to Fresho, the countrys biggest food and beverage suppliers could receive upwards of 1000 orders a day, many of which will not come in from restaurants until after the dinner rush. The start-up has already won customers such as Scicluna’s, De Costi Seafood, Kailis Bros and Andrews Meat, as well as a mix of restaurants and hospitality stores ranging from Rockpool and Movida to Bakers Delight. "Salta invested in Fresho, in part, because we had a business in food warehousing and distribution, so have firsthand experience of the problem they are solving," he said.