Mobile app Karma tackles food waste with discounted meals

September 12, 2018 by  
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The launch of Karma in Sweden has brought about a new way of fighting food waste . Since 2016, more than 1,500 businesses such as restaurants, bakeries, cafes and hotels as well as the three largest supermarket chains in Sweden have joined the battle to reduce the amount of perfectly edible food that is thrown away daily. The mobile app offers restaurateurs and retailers the opportunity to sell their otherwise wasted products at a fraction of the original price to hungry Swedes and now Londoners, too. What began as a social movement soon became a startup for Karma’s four founders: Elsa Bernadotte, Mattis Larsson, Ludvig Berling and Hjalmar Ståhlberg Nordegren. “We had all graduated from university, the four of us got along really well and so we decided to build something new and exciting together,” explained Ståhlberg Nordegren, the company’s CEO. “We also knew that we wanted to build a consumer facing product that would make an impact.” Related: New study finds food waste will increase to 66 tons per second if left unchecked Coming up with the clever solution to a growing food waste crisis quickly became a win-win situation for all involved. Following its February 2018 launch in London , the company projected approximately £30,000 ($39,000) gains in revenue for each of the 400 businesses that agreed to participate in the program, which is offered at no cost or subscription to the businesses. The surplus meals have been met by grateful hands of families that are struggling, both in London — rated the fifth most expensive city in Europe by Money Inc.  — as well as Sweden, where the publication reports that a meal for two can easily land you with a €262 ($305) bill. The four food  rescuers moved to tackle London, hoping to gain momentum in the capital of a country that has a massive food waste problem. It is estimated that 10 million tons of food are thrown away annually in the U.K. at a cost of £17 billion ($22 billion) to businesses and a priceless expense to the environment . Related: The ugly truth about the imperfect food movement Swedish angel investors noticed the efforts of the company and insisted to help the four founders, who were living very frugally without taking salaries in order to achieve their mission. Ståhlberg Nordegren said, “After living like this for a couple of months, our board of directors forced us to take on a salary of $2,000 per month to make sure we could really focus on the business.” Today, the team has grown to 35 individuals dead-set on resolving the food waste problem in their homelands while slowly branching out into new markets. The company is on track to achieve projected 2018 revenues of €3 million ($3.5 million). What’s in the future for Karma? “We need to scale the business to be able to have the magnitude of impact that we’re aiming for,” Ståhlberg Nordegren said. “Being able to make a profit from solving a problem while creating value for both restaurants and consumers makes this a fantastic opportunity to build a business where you don’t have to choose between cause or profits. All in all we are on a mission to rescue even more food!” + Karma Via Forbes Images via Karma

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Mobile app Karma tackles food waste with discounted meals

What success looks like at VERGE Summit Series

November 2, 2016 by  
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New report released on the four half-day, invite-only working sessions that convened a broad spectrum of stakeholders focused on generating practical solutions to pressing challenges.

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What success looks like at VERGE Summit Series

Tesla debuts sleek glass solar rooftop tiles

November 2, 2016 by  
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The Solar City takeover makes more sense now. The announcement was paired with the new Powerwall 2.0, which has twice the energy storage capacity of the original.

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Tesla debuts sleek glass solar rooftop tiles

4 steps to move your company to zero waste

July 2, 2015 by  
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Dumpster diving, prevention, promoting reuse and diversion are the four roads a company needs to travel to get to zero waste, Ecova advises.

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4 steps to move your company to zero waste

Why colleges are big believers in microgrids

October 17, 2013 by  
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A look at the four factors driving adoption of microgrids on U.S. campuses.

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Why colleges are big believers in microgrids

Siemens and Accenture plug into smart grid market with new firm

October 17, 2013 by  
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A new joint venture company launched by the two firms promises to deliver new service to support smart grid deployments.

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Siemens and Accenture plug into smart grid market with new firm

When Will Rayovac Recycle?

August 8, 2013 by  
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Duracell does it. Energizer does it. Panasonic does it. Now Texas Campaign for the Environment is wondering when Rayovac will do it — that is, work on a program to help consumers responsibly dispose of batteries. Of the four biggest …

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When Will Rayovac Recycle?

Amsterdam’s Futuristic New Fletcher Hotel Blends Sustainability with Luxury

March 27, 2013 by  
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Read the rest of Amsterdam’s Futuristic New Fletcher Hotel Blends Sustainability with Luxury Permalink | Add to del.icio.us | digg Post tags: “natural materials” , Amsterdam , dutch , eco chic , Fletcher Hotel , green , hotel , interior design , Kolenik Eco Chic Design , minimalist , modern , Sustainable Materials , the netherlands

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Amsterdam’s Futuristic New Fletcher Hotel Blends Sustainability with Luxury

Interior Design Arts Unveils Gorgeous Timber-Framed Home in Watchung, New Jersey

March 26, 2013 by  
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This gorgeous timber-framed home was designed and built by the artisans at Interior Design Arts . The team combined their passion for natural aesthetics with modern amenities to turn this home into a magnificent work of art. The home possesses immeasurable charm – from the hand-crafted woodwork and exposed timber beams to the custom copper accents and exposed brick walls. + Interior Design Arts The article above was submitted to us by an Inhabitat reader. Want to see your story on Inhabitat ? Send us a tip by following this link . Remember to follow our instructions carefully to boost your chances of being chosen for publishing! Permalink | Add to del.icio.us | digg Post tags: green architecture , Green Building , green design , handcrafted , handcrafted home , Interior Design Arts , Sustainable Building , sustainable design , timber framed home , wood home

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Interior Design Arts Unveils Gorgeous Timber-Framed Home in Watchung, New Jersey

Why the next wave of green buildings will focus on net zero

August 13, 2012 by  
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Venture capitalists are seeding startups which will enable a building to produce as much energy as it consumes. Here's the four emerging areas that will draw attention in coming months.

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Why the next wave of green buildings will focus on net zero

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