Photo - Autocanteen Ltd
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Autocanteen Ltd

Autocanteen is an AI self-checkout solution.

United Kingdom
Market: Food industry, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 08.06.2020
Min investment
$  1.000.000
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Total required
$ 1.500.000
Rating
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Idea

Autocanteen is an artificial intelligence self-checkout solution that automates the routine work of canteen employees. Disruptive innovation, no barcodes – the system can identify anything from fruits to meal plates with visual discovery.

Current Status

The product is ready, customers trialing the product.

Market

Contract catering companies

Problem or Opportunity

Problem:
Cashiers are stuck in the last century.
Same routine task. A boring job. Unhappy workers.
Expensive and risky for the business.
Slow and inefficient human labour.

Solution (product or service)

Solution:
Machines are obviously better in a routine.
Cheap to run, minimal risks.
Lightning fast, consistent, scalable.

Competitors

Very little competition, emerging technology

Advantages or differentiators

Unique approach: 3d scanning, subscription-based, shared and dynamic AI, cloud-based backend

Finance

4% service charge per transaction

Business model

25B EUR contract catering market in Europe

Money will be spent on

18 months of operations
* marketing and pr
* market reach, sales
* cloud infrastructure
* logistics, installations
* legal costs
* maturing product, hardware engineering
* maturing product, software engineering
* salaries

Offer for investor

10%

Team or Management

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video