Saturday, August 8, 2020

Mixed reality company raises funds to help reduce food safety risks

A mixed reality company has raised more than £400,000 to support the launch of a new software to reduce hygiene risks in food processing plants.

The investment round was led by the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, and included funding from private investors.

Luminous Group is now planning to create 28 new jobs over the next three years as it expands its management and technical teams.

The first of its kind, traXR will help prevent outbreaks of pathogens in food manufacturing plants by using artificial intelligence to identify high risk areas where dangerous bacteria such as salmonella and listeria could be present.

The information is presented in real-time through a mixed reality headset, which allows the user to track and add information whilst walking the factory floor.

“We believe that traXR has the ability to disrupt environmental monitoring in the food and drink processing sector and we’re delighted that we have secured the funding required,” said Ben Bennett, MD of Newcastle-based Luminious Group.

“The technology can combine multiple information sources, including areas where people work, airflows on the property and previous risk assessments, with a digital map of the factory floor to determine high risk areas where pathogens are likely to develop.

“This will help prevent outbreaks of pathogens, reduce downtime and increase efficiencies – providing major cost savings.”

This latest funding round follows a £250,000 investment from Mercia from its EIS funds in 2017.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.















Latest news

Future Food-Tech summit to bring experts together virtually next month

Next month, C-Suite food brand executives, investors and entrepreneurs from all four corners of the globe will come together for the virtual Future Food-Tech...

Biodesign start-up raises $91m to expand Ingredients-as-a-Service platform

A California-based biodesign start-up has raised more than $91 million to expand its global Ingredients-as-a-Service platform. According to Geltor, the $91.3 million Series B financing...

Food maker secures finance as it expands into vegan market

A Welsh food producer has secured a seven-figure finance package to expand its product development activity as it moves into the vegan market. The financing...

Kite Packaging donates thousands to charities

Kite Packaging has donated £9,000 to a range of charities across its regional bases. The employee-owned business has seven Regional Distribution Centres located around the...

Alpro adds new oat-based yoghurt to Big Pot range

Alpro has added an oat-based yoghurt alternative to its Big Pot range in the UK. The plant-based brand said that its new Absolutely Oat yoghurt...

High-tech UK food manufacturing campus secures £12m

The UK Government has agreed to provide £12m in funding to help launch a revolutionary high-tech food manufacturing campus in Derby. The new £300m high-tech...

Related news

Future Food-Tech summit to bring experts together virtually next month

Next month, C-Suite food brand executives, investors and entrepreneurs from all four corners of the globe will come together for the virtual Future Food-Tech...

Biodesign start-up raises $91m to expand Ingredients-as-a-Service platform

A California-based biodesign start-up has raised more than $91 million to expand its global Ingredients-as-a-Service platform. According to Geltor, the $91.3 million Series B financing...

Food maker secures finance as it expands into vegan market

A Welsh food producer has secured a seven-figure finance package to expand its product development activity as it moves into the vegan market. The financing...

Kite Packaging donates thousands to charities

Kite Packaging has donated £9,000 to a range of charities across its regional bases. The employee-owned business has seven Regional Distribution Centres located around the...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close