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How Mill closed the deal with Amazon and Whole Foods [TechCrunch]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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“This has been part of our plan since our Series A deck,” Rogers told TechCrunch. Now, with an official deal locked in with Amazon and Whole Foods the company's plan to profit from handling other people's food waste is a bit more public. Whole Foods will deploy a commercial-scale version of Mill 's food waste bin in each of its grocery stores beginning in 2027. The bins will grind and dehydrate waste from the produce department, reducing costly landfill fees while also providing feed for the company's egg producers. Both trim the company's overhead. At the same time, Mill's bins will collect data to help Whole Foods understand what gets wasted and why, helping the grocer further control costs. “Ultimately, our goal is not just to make their waste operations more efficient, but also to move upstream so they actually waste less food,” Rogers said. The company started selling food waste bins to households a few years ago . As can be expected from a team that made the Nest thermo
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