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Fazla Gıda has raised $3.0M across 1 funding round.
Key people at Fazla Gıda.
Fazla Gıda has raised $3.0M in total across 1 funding round.
Fazla Gıda is a Beşiktaş, Istanbul-based technology company that provides a cloud-based B2B software platform designed to manage surplus food and prevent food waste across the supply chain. The platform facilitates the redistribution of excess inventory from producers and retailers through channels such as food bank donations, secondary sales to hospitality businesses, animal feed production, and biogas recycling. Operating with a team of 39 employees, the enterprise generates approximately $14 million in revenue and has facilitated over 70,000 transactions to save 19,000 tons of food while preventing 62,000 tons of carbon emissions. The company serves major corporate clients including Migros, Nestle, and Pepsi, and has raised just under $5 million in total equity funding from investors such as 212 and 500 Istanbul. Fazla Gıda was founded in 2017 by Olcay Silahlı and Arda Eren.
Key people at Fazla Gıda.
Fazla Gıda has raised $3.0M in total across 1 funding round.
Fazla Gıda's investors include Atlantic Food labs.
Fazla Gıda is a technology-driven social enterprise founded in 2016/2017 in Istanbul, Turkey, focused on reducing food waste through innovative digital solutions. It serves food producers, retailers, restaurants, and consumers by providing a holistic platform that tracks, manages, and redistributes surplus food to prevent waste and its associated environmental impact. Fazla Gıda’s products include the Fazla App, which connects HoReCa (hotel, restaurant, café) businesses with consumers to sell surplus food at discounted prices, and IoT solutions like the Smart Scale System to monitor waste in professional kitchens. The company addresses critical global challenges such as responsible consumption, zero hunger, and climate action, having saved over 55,000 tonnes of food and prevented significant carbon emissions. Its growth is marked by expanding operations across Turkey and preparing for international expansion, supported by over €3.8 million in funding and partnerships with major food companies[1][2][3][6].
Fazla Gıda was founded by Olcay Silahlı (CEO) and Arda Eren (CTO) with the mission to create a sustainable business model that impacts the world positively and inspires Turkish youth toward social entrepreneurship. The idea emerged from aligning with the United Nations Sustainable Development Goals, particularly targeting food waste reduction and responsible production and consumption. Early traction came from developing technology-based solutions during the COVID-19 pandemic, such as launching the Fazla Market online platform and the Fazla İyi app, which included local businesses and consumers in the food rescue movement. The company’s commitment and impact earned it recognition as the first Turkish B Corp in waste management and selection in programs like Turcorn 100 and Accelerate 2030 by the UNDP[1][2][4].
Fazla Gıda rides the global trend of sustainability and circular economy adoption, particularly addressing the massive issue of food waste, which accounts for about one-third of all food produced worldwide. The timing is critical as governments, consumers, and businesses increasingly demand responsible production and consumption practices to combat climate change and food insecurity. Fazla Gıda’s technology leverages big data analytics, IoT, and digital marketplaces to optimize supply chains and reduce waste, aligning with global sustainability goals. Its influence extends beyond Turkey by setting a model for tech-enabled social entrepreneurship and demonstrating how digital innovation can drive environmental and social impact in the food industry[1][3][4].
Fazla Gıda is poised for continued growth and international expansion, building on its strong foundation in Turkey and its proven technology platform. Future trends shaping its journey include increased regulatory pressure on food waste, growing consumer awareness, and advances in IoT and data analytics that will enhance waste tracking and prevention. As the company scales, it may deepen its impact by integrating more sectors beyond food, such as packaging and textiles, further embedding circular economy principles. Fazla Gıda’s role as a pioneer in sustainable food tech positions it to influence global efforts against food waste while inspiring new generations of social entrepreneurs[1][2][3][4].
Fazla Gıda has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2021 | $3M Series A | — | Atlantic Food Labs | Announced |
