Oscillum, as the journal itself reported, one andBiotech company focused on the development of smart labeling to provide real-time information. In 2017, its three founders discovered that lack of knowledge about food wastes more than 173 kilograms per person, and that food poisoning occurs due to contamination in the home. “The passion of these three biotechnologists (of Elche Miguel Hernández University) for science and its applicability in society led them to come up with Oscillum in 2019, where smart labeling changes color when applied to food. Managing improving food safety and sustainability in the agri-food industry”.
The company has seen significant growth in recent years after going through the EIT FAN accelerator. This EIT Food accelerator supports entrepreneurs in validating their technology and allows them to accelerate their business and introduce them to the market..
Thanks to this and other entrepreneurship programs, EIT Food A total of 464 startups were supported last yearSucceeding in collecting an investment of 407 million euros. The promoted companies introduced 15 innovative products and services to the market.
Currently, the registration period remains open to submit new applications for the 2023 edition for both the Seedbed incubator and the EIT FAN accelerator. Both are looking for cutting edge projects to help. Either way, registrations are open until March 26.
In reference to last year, Over 350 applications received from all over Europe. In addition to the Oscillum case, Isauki Foods (headquartered in Bilbao), Novameat (Barcelona), Nucaps (Navarra), Kyanos (France) and Free Foods (Barcelona) participating in these EIT Food programs.