The Maryland Innovation Lab, which focuses on food and sustainability, has identified three startups from its inaugural cohort for collaboration.
Innovation specialist L Marks initially identified over 600 startups and scale-ups. Sodexo, SIMPLi, and Pompeian selected nine to present their innovations during last month's three-day Bootcamp and Pitch event.
Sodexo and Pompeian have chosen three teams to embark on a ten-week validation program that will leverage insights from the collaborative effort.
Assetfloow is an AI forecast that helps retailers build accurate behavioural forecast models for shoppers to optimise inventory and pricing planning and increase sales.
Vaayu is an automated software that empowers brands and businesses within the retail ecosystem to track and cut their carbon and environmental impact in real time.
Collateral is a UK-based provider of in-store marketing and communications management software. It enables enterprise retailers and brands to plan, manage, and execute in-store messaging and prove compliance and effectiveness of spending.
Two additional companies, Parim Limited and WholeChain, will explore potential applications of their product with Sodexo outside of the Maryland Innovation Lab.
"We are proud to play a pivotal role in the Maryland Innovation Lab, fostering international collaboration and driving innovation,” SAID Eddie Resende, CEO of WTCI.
“Our commitment lies in empowering startups and businesses with the resources, mentorship, and global connections essential for expanding their reach.”
The Maryland Innovation Lab's inaugural cohort will conclude its ten-week programme with a Demo Day, during which the selected startups will present their findings and celebrate the lab's conclusion.
