13 years ago

UWI Label Secures £572k for Expiry Warning Technology

  • UWI Label, a Scottish tech startup, has raised £572,000 in funding led by Scottish Enterprise (£250k) and AeroDen, a US investor syndicate

  • The funds will be used to accelerate product development

  • UWI Label has developed technology that warns when products, particularly in industries like medicine, aerospace, cosmetics, and food and drink, are close to expiring.

      • ProblemTechnology

      "Businesses in sectors like medicine, aerospace, cosmetics, food and drink struggle to manage and prevent product expiry, leading to potential waste, financial losses, and safety concerns."

      Solution

      "UWI Label provides technology that warns businesses when their products are about to expire, allowing them to proactively manage stock, reduce waste, and ensure product safety."

      Covered on