By Clint Bailey

— In the rapidly evolving world of food technology, European startup Choco has emerged as a pioneering force. With its website, Choco.com, this Berlin-based company is transforming the way food industry professionals operate by leveraging innovative digital solutions. By linking restaurants, distributors, suppliers, and producers on a single platform, Choco is streamlining the supply chain process while promoting sustainability.

Let’s explore the journey of Choco.com and its impact on the overall foodtech industry.

1. Company: Choco Technologies GmbH
2. Website: www.Choco.com
3. Head Office: Berlin, Germany
4. Year Established: 2018
5. Founders: Choco was co-founded by Daniel Khachab, Julian Hammer, and Rogerio da Silva.
6. Industry: Choco operates in the foodtech industry, specifically focusing on digitizing the supply chain for the food industry.
7. Funding: Choco has secured significant funding rounds from investors, including Bessemer Venture Partners & Coatue Management.
8. Market Presence: Choco has a strong presence in several European cities, including Berlin, Paris, London & Barcelona.
9. Mission: Choco aims to revolutionize the food industry by leveraging technology to simplify supply chain management, promote sustainability, and reduce food waste.

Simplifying Supply Chain Management

One of the core focuses of Choco is to simplify supply chain management for food businesses. Traditionally, the procurement process in the food industry has been cumbersome and inefficient, with numerous intermediaries and manual processes. Choco’s digital platform replaces the traditional paper-based ordering system, allowing restaurants and suppliers to communicate and collaborate seamlessly.

Choco’s platform enables restaurants to place orders directly with suppliers, eliminating the need for phone calls, faxes, or emails. This not only saves time but also reduces the likelihood of errors and miscommunications.

By digitizing the ordering process, Choco improves transparency, making it easier for restaurants to compare prices, track deliveries, and manage inventory efficiently.

Streamlining Operations For Suppliers & Producers

Choco’s impact extends beyond restaurants. The platform also provides suppliers and producers with valuable tools to streamline their operations. By digitizing their product catalogs and integrating them into the Choco platform, suppliers can showcase their offerings to a wide network of potential buyers.

Suppliers benefit from increased visibility, enabling them to reach new customers and expand their market presence. Moreover, Choco’s platform helps suppliers manage their inventory, track orders, and plan deliveries effectively. These features enhance operational efficiency, reduce waste, and ultimately contribute to a more sustainable food system.

Promoting Sustainability & Reducing Food Waste

Choco recognizes the critical importance of sustainability in the food industry. According to the United Nations, approximately one-third of the world’s food production goes to waste each year. By digitizing the supply chain and enabling more efficient ordering and inventory management, Choco actively works to combat this issue.

Choco’s platform facilitates data-driven decision-making for restaurants, suppliers, and producers. By analyzing purchasing patterns & demand, Choco helps businesses optimize their inventory levels, reducing overstocking and minimizing food waste. Additionally, Choco supports local sourcing, enabling businesses to connect with nearby suppliers & promote sustainable, community-based practices.

Expanding Reach & Impact

Since its founding in 2018, Choco has experienced rapid growth and expansion. The startup has successfully secured significant funding rounds, allowing it to scale its operations and establish a strong presence across Europe and other global markets. Today, Choco’s platform is used by thousands of restaurants and suppliers, revolutionizing the way they operate.

Choco’s impact extends beyond operational efficiency or sustainability. By connecting restaurants, suppliers & producers on a single platform, Choco fosters collaboration & encourages the exchange of ideas. This collaborative approach strengthens the overall foodtech ecosystem and creates a supportive community of like-minded aiming to drive positive change within the industry.

Future Of FoodTech

Choco’s rise to prominence in the foodtech industry exemplifies the reach of sustainability, innovation, and community. Through its user-friendly platform, Choco simplifies supply chain management, streamlines operations for restaurants & suppliers, and actively promotes sustainable practices. By harnessing the potential of digital, Choco is disrupting the future of the food industry, making it more efficient and transparent.

As Choco continues to expand its impact and reach, its transformative influence on the foodtech sector is set to inspiring, grow other startups, and established players to embrace technology for a better and more sustainable food system.

We Can’t Thank You Enough For Your Support!

— Compiled by Clint Bailey | Team ‘Voice of EU’
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THE VOICE OF EU | Widespread concerns have surged among artists and creatives in various domains – country singers, authors, television showrunners, and musicians – voicing apprehension about the disruptive impact of artificial intelligence (AI) on their professions.

These worries have prompted an urgent plea to the U.S. government for regulatory action to protect their livelihoods from the encroaching threat posed by AI technology.

The Artists’ Plea

A notable rise in appeals to regulate AI has emerged, drawing attention to the potential risks AI poses to creative industries.

Thousands of letters, including those from renowned personalities like Justine Bateman and Lilla Zuckerman, underscore the peril AI models represent to the traditional structure of entertainment businesses.

The alarm extends to the music industry, expressed by acclaimed songwriter Marc Beeson, highlighting AI’s potential to both enhance and jeopardize an essential facet of American artistry.

The Call for AI Regulation in Creative Industries

Copyright Infringement Concerns

The primary contention arises from the unsanctioned use of copyrighted human works as fodder to train AI systems. The concerns about AI ingesting content from the internet without permission or compensation have sparked significant distress among artists and their representative entities.

While copyright laws explicitly protect works of human authorship, the influx of AI-generated content questions the boundaries of human contribution and authorship in an AI-influenced creative process.

The Fair Use Debate

Leading technology entities like Google, Microsoft, and Meta Platforms argue that their utilization of copyrighted materials in AI training aligns with the “fair use” doctrine—a limited use of copyrighted material for transformative purposes.

They claim that AI training isn’t aimed at reproducing individual works but rather discerning patterns across a vast corpus of content, citing precedents like Google’s legal victories in the digitization of books.

The Conflict and Seeking Resolution

Despite court rulings favoring tech companies in interpreting copyright laws regarding AI, voices like Heidi Bond, a former law professor and author, critique this comparison, emphasizing that AI developers often obtain content through unauthorized means.

Shira Perlmutter, the U.S. Register of Copyrights, acknowledges the Copyright Office’s pivotal role in navigating this complex landscape and determining the legitimacy of the fair use defense in the AI context.

The Road Ahead

The outpouring of concern from creative professionals and industry stakeholders emphasizes the urgency for regulatory frameworks to safeguard creative works while acknowledging the evolving role of AI in content creation.

The Copyright Office’s meticulous review of over 9,700 public comments seeks to strike a balance between innovation and the protection of creative rights in an AI-driven era. As the discussion continues, the convergence of legal precedents and ethical considerations remains a focal point for shaping the future landscape of AI in creative industries.

Thank You For Your Support!

— By Darren Wilson, Team VoiceOfEU.com

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