Naver Invests in Food Waste Data Analysis Startup 'Nubylab'

[Asia Economy Reporter Buaeri] Naver's startup incubation organization D2SF announced on the 28th that it has made a new investment in 'NubeeLab,' which developed a food waste data analysis solution.

NubeeLab developed a solution that compares and analyzes images of food before and after meals using camera sensors and artificial intelligence (AI) technology to identify the types and amounts of both consumed and leftover food. It records and analyzes actual food intake with over 95% accuracy within one second, helping to reduce food waste.

The co-founders of NubeeLab, including CEO Kim Daehoon, are members who were in charge of advanced research and development in image AI analysis and camera sensors at Hyundai Motor Company. This investment was made jointly with We Ventures, Capstone Partners, and Seoul Investment Partners.

Yang Sanghwan, leader of Naver D2SF, said, "The annual cost of food waste disposal reaches 20 trillion won domestically and 1.2 trillion dollars globally, and interest in personal dietary health is increasing. NubeeLab is a startup that can realize not only ESG value by reducing food waste but also economic efficiency and service advancement. We also expect its growth as a digital health solution in the future."

Meanwhile, Naver D2SF has invested in 73 technology startups so far and plans to actively discover technology startups that solve valuable problems and promote synergy with Naver. Currently, Naver D2SF is recruiting new investment teams through its website.

This content was produced with the assistance of AI translation services.