Völur, based in Oslo, develops AI technology to optimize the meat industry and make it more sustainable. Its software leverages data and AI to empower meat processors with optimal sorting and decision-making to maximize carcass value throughout the whole value chain. The solution creates value by balancing supply and demand, increasing value per pound of finished products, and meeting customer service levels. Völur reports the technology can enable up to 10% higher utilization of animals. The company intends to use the $2.85M funding to expand operations and broaden its business reach. Leadership changes include the appointment of Anna Turvoll as CEO while co-founder and outgoing CEO Robert Ekrem will continue to contribute on the board.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024