Food tech funding of £750k fuels widespread roll-out of innovative technology

Food tech funding: Xtend coating revolutionizes packaging.
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  • Food tech business secures £750k funding for widespread roll-out of Xtend antimicrobial packaging coating
  • Xtend technology extends shelf-life of food produce, reduces waste, and lowers greenhouse gas emissions
  • Funding supports expansion of OSY Group team and accelerates commercialization of Xtend in UK and globally
  • Xtend is water-based antimicrobial coating for various packaging surfaces, proven food-safe and compliant
  • Trials with major UK grocer and European companies show Xtend significantly reduces food waste and maintains freshness

Revolutionizing Food Preservation with Xtend Technology

In a significant move towards combatting food waste and enhancing food safety, a dynamic food tech company in Wythenshawe has recently secured a substantial £750,000 in funding. This financial boost will propel the widespread implementation of their groundbreaking technology, Xtend, which promises to revolutionize the way we store and consume fresh produce.

The Power of Xtend: Prolonging Freshness and Reducing Waste

At the heart of this innovative solution lies Xtend, an antimicrobial packaging coating developed by OSY Group. This cutting-edge technology is designed to extend the shelf-life of various food products, including fruits and vegetables, by creating a protective barrier that inhibits microbial growth and slows down the natural spoiling process. By applying a water-based coating with microscopic pins to packaging surfaces, Xtend effectively punctures and eliminates harmful microbes, thereby preserving the freshness and quality of the enclosed food items.

Marc Braterman, the CEO of OSY Group, emphasizes the urgent need for such advancements in food preservation. He highlights the staggering statistics that reveal the alarming levels of global food waste, with an estimated 1.3 billion tonnes of food being discarded annually. Moreover, the detrimental environmental impact of food waste, accounting for a significant portion of greenhouse gas emissions, underscores the critical importance of innovative solutions like Xtend in addressing these pressing challenges.

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Accelerating Commercialization and Global Expansion

With the infusion of £750,000 in funding, OSY Group is poised to propel the commercialization of Xtend not only within the UK but also on an international scale. The company’s strategic focus on expanding its reach and enhancing its team signifies a significant milestone in their mission to combat food waste and promote sustainability in the food industry. By creating new employment opportunities and fostering growth, OSY Group aims to drive positive change in the way food is produced, stored, and distributed.

The versatility of Xtend extends beyond its application in fresh produce packaging. Through extensive testing and trials with leading retailers, food producers, and packaging companies, Xtend has demonstrated its efficacy in prolonging the shelf-life of various food items, from lidding film to flexible paper packaging. The seamless integration of Xtend into existing packaging production processes further enhances its appeal and accessibility to a wide range of industries seeking to minimize food waste and enhance product quality.

A Collaborative Approach to Innovation and Sustainability

The recent investment influx, supported by both new investors and existing backers, underscores the growing recognition of OSY Group’s pioneering technology and its potential to drive positive change in the food tech landscape. By partnering with key stakeholders, including Innovate UK and scientific consultancy experts, OSY Group is leveraging a collaborative approach to research, development, and commercialization.

Innovate UK’s endorsement of OSY Group through the ‘Better Food for All’ competition highlights the company’s commitment to advancing nutrition solutions and addressing food-related challenges. The ongoing support from Innovate UK, coupled with OSY Group’s participation in global innovation programs, underscores the company’s position as a frontrunner in sustainable food technology.

As OSY Group continues to forge ahead with its mission to combat food waste, reduce greenhouse gas emissions, and promote sustainable food practices, the future looks promising for Xtend and its potential to transform the way we approach food preservation and sustainability. With a dedicated team, a proven track record of success, and a commitment to innovation, OSY Group is poised to make a lasting impact on the food tech industry and contribute to a more sustainable and resilient food ecosystem.

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