Phenix builds digital solutions and five proprietary tech products aimed at preventing food waste and recovering unsold goods. The company reports having already saved more than 200 million meals from the bin. Phenix operates across France, Spain, Portugal, Italy and Belgium and offers tools addressing the value chain from farm to fork. It is an impact startup organized as an ESUS and certified as a B Corp. The company intends to use new funding to strengthen its leadership position in Europe and expand its presence in existing markets. Phenix was founded in 2014 by Jean Moreau and Baptiste Corval. Phenix is a French, B Corp–certified company that designs solutions to reduce waste across the food value chain. Its offerings include a consumer-facing mobile application for discounted sales of unsold products, B2B #TechForGood solutions for food & beverage players, donations to NGOs and food banks, engagement with farmers for animal feeding, and direct sales in its “Nous Anti-Gaspi” stores. Since its creation in 2014 Phenix says it has saved more than 100 million meals (40 million meals saved in France in 2019) and employs a network of about 150 "waste coaches." The company reports doubling its impact every year and positions itself as a leader in waste reduction and food donation in France. Near-term plans in the article include expanding its consumer mobile app and scaling its B2B solutions for industry players. Phenix emphasizes collaboration with producers, manufacturers, retailers, food services and restaurants to pursue Zero Food Waste. Phenix, founded in 2014 and based in Paris, uses technological solutions to reduce food waste by matching unsold products with the best recovery channels. Its platform redirects surplus into short-term promotions, donations to charities, animal feed and recycling as an alternative to landfills and incineration. The company works with more than 950 associations and about 1,000 clients, including major retailers such as Unibail‑Rodamco, and is developing its presence in Spain and Portugal. Phenix currently distributes 100,000 meals and diverts roughly 50 tons of waste from the trash every day. It has completed a €15 million financing round and plans to use the funds to accelerate international development, invest in new digital services, and expand into managing other waste streams.

Total raised

$32M

Funding rounds

3

Latest round

Equity

Latest activity

Sep 2022