UBI is a meat grading and monitoring platform that leverages Artificial Intelligence & Machine Learning, allowing meat processors to measure and document Quality Assurance in real-time.
WHAT WE DO
We built decision-grading software that allows meat processors to assure and document quality standards in real-time.
From day 1, our machine-learning-powered app prevents 15% of grading errors, which currently costs the meat industry $85 billion(source: BCG) every year.
PAIN POINT BEING SOLVED
Less than 10% of the worldwide meat is graded via x-ray machines, the rest of the world graded visually(by humans) and they get it wrong more than 10% of the time.
BIG VISION FOR THE COMPANY
Our big vision is to scale faster and reach a critical mass in our industry, have all meat plants adopt our meat grading platform.
We want to be at the root of saving billions of wasted meat and empowering all processing plants big and small with an easy-to-use & affordable technology that guarantees an accurate and consistent quality of exported meat.
UBI aims to push the current boundaries of quality assurance by offering meat manufacturers and other industry stakeholders an affordable solution for the smart factories of tomorrow.
WHAT WE DO
We built decision-grading software that allows meat processors to assure and document quality standards in real-time.
From day 1, our machine-learning-powered app prevents 15% of grading errors, which currently costs the meat industry $85 billion(source: BCG) every year.
PAIN POINT BEING SOLVED
Less than 10% of the worldwide meat is graded via x-ray machines, the rest of the world graded visually(by humans) and they get it wrong more than 10% of the time.
BIG VISION FOR THE COMPANY
Our big vision is to scale faster and reach a critical mass in our industry, have all meat plants adopt our meat grading platform.
We want to be at the root of saving billions of wasted meat and empowering all processing plants big and small with an easy-to-use & affordable technology that guarantees an accurate and consistent quality of exported meat.
UBI aims to push the current boundaries of quality assurance by offering meat manufacturers and other industry stakeholders an affordable solution for the smart factories of tomorrow.
Location: Uruguay, Canelones
Employees: 11-50
Founded date: 2016
Investors 2
| Date | Name | Website |
| - | Techstars | techstars.... |
| - | Canadian T... | ctaconnect... |
Mentions in press and media 5
| Date | Title | Description |
| 22.01.2018 | UBI bond issue raises Rs 150 cr | United Bank of India in a stock exchange filing on Wednesday said it has raised Rs 150 crore through issue of bonds. It said it allotted through private placement, unsecured, non-convertible, listed BASEL-III compliant 11.95 per cent additi... |
| 22.01.2018 | UBI raises ₹150 cr via Tier-I bonds | The United Bank of India (UBI) has issued and allotted Basel-III compliant 11.95 per cent additional Tier-1 bonds of face value ₹10 lakh per bond, aggregating to ₹150 crore. The issue opened on September 23, 2015, and closed on September 28... |
| 15.01.2018 | UBI gets ₹418-cr capital infusion | United Bank of India has received a capital infusion of Rs 418 crore from the Centre under its turnaround-linked capital infusion plan. According to a notification to the bourses, the public sector lender said this proposal for allotment of... |
| 23.09.2016 | UBI receives Rs 608 crore capital infusion from govt | State-owned United Bank of India (UBI) on Friday said it has received Rs 608 crore capital infusion from the government. "The bank has received Rs 608 crore from the central government towards preferential allotment of 26,74,87,901 equ... |
| 26.06.2013 | UBI raises Rs 500 cr via bond issue | United Bank of India on Tuesday said that it has raised Rs 500 crore Tier-II bonds complying with Basel-III guidelines. The issue was entirely subscribed by the Life Insurance Corporation. The non-convertible bonds have a tenure of 10 years... |