Völur (company)

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Völur AS
IndustrySoftware as a service
Founded2019
HeadquartersOslo, Norway
Key people
Robert Ekrem (CEO & co-founder)

Adrian Diaz (COO & co-founder)

David Moriano (CAIO & co-founder)
Websitevolur.ai

Völur AS is a Norwegian software as a service company headquartered in Oslo, Norway..[1] that provides software and Artificial Intelligence (AI) optimization services for the meat industry. The company's main software product is Völur Carcass Value Optimization system.[2]

Their AI software provides meat producers with an optimal production plan that enables higher utilization of animals, demand satisfaction, and revenue increase while reducing inventory levels and waste.[3][4] Völur's largest customer is JBS USA.[5][6][7]

History

Founded in 2019, Völur combines deep technical and industry knowledge, and uses data and AI to empower meat processors with optimal sorting and cutting decisions, to maximize carcass value throughout the whole value chain.[8][9][10]

In 2022, Völur raised $3 million in a Seed round from Silicon Valley investors, with Fusion Fund as a primary investor, joined by Scribble Ventures and Beat Ventures, as well as Norwegian Idékapital, and StartupLab.[11]

In 2023, Völur has become a Microsoft Global Independent Software Vendor (ISV) and joined Microsoft Azure Marketplace[12]

References

  1. "The Hub | Völur AS". thehub.io. Retrieved 2023-09-06.
  2. "Völur Carcass Value Optimization". Microsoft Azure Marketplace. Retrieved 2023-09-06.
  3. Ekrem, Robert (2022-06-09). "Völur deltar i DN-kåringen Årets Nyskapere". www.dn.no (in norsk). Retrieved 2023-09-06.
  4. Næss, Hans Jørn (March 5, 2023). "Nå vil alle ha en bit av AI-kaken" [Now everyone wants a piece of the AI pie]. www.kapital.no (in norsk). Retrieved 2023-09-06.
  5. Brittany (January 30, 2023). "JBS USA to implement artificial intelligence to maximize carcass value". Morning Ag Clips (Press release). Retrieved 2023-09-06.
  6. "JBS USA to test Völur's AI solution to maximize carcass value" (Press release). Retrieved 2023-09-06.
  7. "JBS U.S.A. to implement Völur's AI solution to maximize carcass value and ensure optimal use of each animal". The National Provisioner (Press release). Retrieved 2023-09-06.
  8. "Völur AS - 922218277 - Oslo - Se Regnskap, Roller og mer". www.proff.no. Retrieved 2023-09-06.
  9. "Optimal meat utilisation with Völur AI technology". businessnorway.com. Retrieved 2023-09-06.
  10. "Slik redefinerer Völur kjøttbransjen". Microsoft Pulse (Press release) (in norsk bokmål). 2023-05-12. Retrieved 2023-09-06.
  11. Harnes, Magnus Peter (2022-11-04). "Amerikanere hopper på norsk tech som skal fikse mer biff av hvert dyr" [Americans are jumping on Norwegian tech to fix more beef from each animal]. www.shifter.no (in norsk bokmål). Retrieved 2023-09-06.
  12. "Microsoft Azure Marketplace". azuremarketplace.microsoft.com. Retrieved 2023-09-06.

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