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ALICANTE, July 20. (EUROPEAN PRESS) -
The smart and compostable label developed by the start-up Oscillum, from the Science Park of the Miguel Hernández University (PCUMH) in Elche (Alicante), has allowed this company to become one of the 20 companies selected to participate in the international program to promote foodtech initiatives KM Zero Venturing.
This call for open innovation and strategic investment, which has received more than 200 applications from 22 countries for this edition, aims to support start-ups that are developing solutions to make the food chain "more resilient", as indicated by the UMH in a statement.
Through this program, which will last six months, the PCUMH company will access a personalized work plan for the scaling and growth of its start-up. This covers different areas of work: from internationalization to commercial and brand development, through industrialization and legal and financial advice.
In addition, Oscillum will be able to collaborate with corporate partners such as Makro, Mahou San Miguel, Martínez, Incarlopsa or Capsa Vida to test their product, carry out proof of concept, review their business model and share knowledge with a 'win-win' approach. You will also have access to mentoring, training pills and advice with a network of collaborating experts.
The start-up will also have continuous monitoring by KM ZERO to review milestones and needs and with connection with leading investors in the foodtech and Venture Capital industry.
Oscillum is promoted by Biotechnology graduates and UMH alumni Luis Chimeno, Pilar Granado and Pablo Sosa and was one of the winners of the UMH Marathon program. The company has developed an innovative smart label capable of visually warning of food spoilage.
This technology is made up of polymers, which give it its mechanical properties, and different chemical sensors, which are responsible for analyzing and detecting in real time the molecules produced by the decomposition of food. In this way, the label changes color depending on the level of decomposition of the food.
Currently, SmartLabel is already fully functional for fresh meat and fish and the company has announced that, by the end of 2023, they seek to market a new smart label in Europe, developed to analyze the state of fruit.
