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Sodexo Ventures builds close partnerships with startups to drive shared value through collaboration. We choose partners that will help us build breakthrough products and solutions and enhance Sodexo's services around the globe. Our partners choose us for the personalized support we provide to accelerate their growth.

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Sodexo Ventures only engages in minority investments to preserve start-up agility. We don't ask for exclusivity or voting rights.  We simply support growth. Start-ups are free to work with relevant clients and a dedicated business partner is appointed for each investment to advise and share expertise as often as needed. 

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Shanghai, December 16, 2021 – Sodexo, the world leader in Quality of Life Services announces that, through Sodexo Ventures, it has further invested in Meican, a digital group catering company in China. This will accelerate Sodexo’s food transformation with the upgrading of its innovative catering ecosystem and demonstrates its commitment to the China market.



The food and beverage consumption habits of Chinese consumers are changing, and the pandemic has accelerated this transformation. Consumers are expecting more convenient and diverse, seamless online and offline connections, and a more sustainable dining experience - this trend is also emerging in the workplace. “Firms are cognizant of this opportunity; the majority of business leaders (78%) agree that finding innovative food models that fit with new ways of working will be a big consideration for the future.” According to 2021 Sodexo Experience Next Corporate Insights Research.



Based on consumer insights and to better meet their changing needs, through this additional investment in Meican and deepened cooperation, Sodexo aims to create an innovative model that is more digital, adapted to multi-scenarios, with empowered big data technology. The two parties will continue to extend the service capabilities and experience creation in the field of workplace catering from various aspects, such as offer development, online platform upgrading and offline channel expansion. It will help improve consumers' workplace catering experience, as well as their overall efficiency and quality of life.



Martin Boden, President, Sodexo Greater China, said: “We are pleased to continue enhancing our partnership with Meican with this new investment. It is another important step of our food transformation strategy and innovative catering ecosystem upgrading in China. We look forward to working together with Meican by its unique service model and offers, to bring even more innovations and elevated catering experience to our consumers in China, especially in the workplace. In addition, we expect to leverage our partnership with Meican to accelerate our business growth”.



Xiao Zhao, Co-founder and CEO of Meican, said: “With a number of innovations in technology, management and services, Meican and Sodexo will quickly occupy more industries and larger markets, and export unique business models and technological capabilities to the global market. In the future, Meican will firmly invest in supply diversification and industrial digitalization, continue to build industrial digital infrastructure, enrich content supply, open up the upstream and downstream of the supply chain, improve standardized management, and create more business value by intergating technologies into our industry. ”



Sodexo announced the first strategic investment in Meican in 2019. In the past two years, Meican’s business has covered more than 100 cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Nanjing, Suzhou and Hangzhou. By integrating advanced technology into the business model, Meican will facilitate Sodexo’s food transformation by enabling digitalization and diversification by its digital analysis &amp; visualization system as well as data forecast capabilities.&nbsp;



About Sodexo



Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 56 countries, Sodexo serves 100 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services. Sodexo provides clients an integrated offering developed over more than 50 years of experience: from food services, reception, maintenance and cleaning to facilities and equipment management; from services and programs fostering employees’ engagement to solutions that simplify and optimize their mobility and expenses management, to in-home assistance, childcare centers and concierge services. Sodexo’s success and performance are founded on its independence, its sustainable business model and its ability to continuously develop and engage its 412,000 employees throughout the world. 



About Meican



Founded in 2011, Meican is China's leading corporate catering service platform, delighting clients with comprehensive dining solutions for staff meals, corporate event, offsite consumption, smart cafeteria and business dinner to drive consumer experience and customer management efficiency. The products and services provided by Meican are available in major cities across China, used by thousands of corporate clients and tens of thousands of partner merchants every day. Meican believes that every organization can optimize the employee dining experience, drive customer satisfaction and happiness, thus adding greater value.

Sodexo announced its further investment in digital group catering company Meican, accelerating its food transformation strategy

Sodexo was named one of the Top 25 Corporate Startup Stars for the fifth consecutive year at the annual event held on December 16th in Paris.



The Global Corporate Startup Stars (CSS) awards recognize and celebrate innovation across the world in all of its diverse forms with startups nominating the most active corporates in terms of open innovation. And for the fifth year running, Sodexo was named one of the top 25 companies in the world.







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Launched by Mind the Bridge under the European Commission’s Startup Europe Partnership initiative in 2016, the Awards have been scaled at global level thanks to a partnership with the International Chamber of Commerce (ICC).



Sodexo is proud to be recognized for its efforts in building a global ecosystem of startups, working together to co-create solutions to enhance its clients &amp; consumers experience. The Group places the focus on building win-win partnerships - combining Sodexo’s decades of industry knowledge and global footprint with the agility and creativity of startups.

Sodexo recognized once again as a leading company in Open Innovation

After 8 years of work, Klaxit, a company in which Sodexo Ventures invested in February 2018 is now profitable.



<a href="https://isahit.com/">Klaxit</a>, is a platform that revolutionizes the daily commute of employees thanks to their car sharing program enabling employees to go from their place of residence to work.&nbsp;Today Klaxit boasts a 70% market share in regional areas (through public subsidies since the adoption of the Mobility Orientation law) and 80% in large companies.



You may ask yourself how Klaxit was able to achieve profitability during the worst year for the transport sector:



<ul><li>Klaxit was able during the past year to sign a record number of new contracts, with no less than 14 new cities signing up including Montpellier, Rouen, Angers, Metz, Monaco, Beauvais, etc.</li><li>Klaxit claims “more than 300 customers”, 13 of which belong to the CAC 40</li><li>Klaxit also leveraged their extremely resilient economic model: their low fixed costs are financed by subscriptions and their variable costs by trip commissions. Fewer journeys mean fewer variable costs which also means less costs for their customers. Essentially, the income from subsidies from communities and businesses more than offset the reduction in attendance.</li></ul>



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With Klaxit being financially independent they strive to build a sustainable model to accelerate the economic and ecological transformation of public transport, by deploying carpooling in all peri-urban areas where self-reliance now reigns supreme. “More than 100,000 monthly trips” are planned.



Klaxit is now counting on an acceleration of the recovery "from mid-May until the start of the September" coupled with back to the office plans of many large companies.



Click here to <a href="https://www.lefigaro.fr/flash-eco/covoiturage-klaxit-rentable-malgre-la-baisse-de-la-frequentation-20210331">read more</a>

Klaxit, a Sodexo Ventures investment, is now profitable

It was no surprise that the COVID-19 pandemic had a noticeable effect on the Consumer Electronics Show (CES) this year, both in the experience and in the form of new, COVID-19 inspired trends and technologies. In early 2021, CES occurred virtually for the first time in its over 50 year history. While the physical experience in Las Vegas may have been missing, there was at least one benefit to the new virtual model, which is that participants from around the world who attended the event this year may not have been able to make the trip if CES had occurred in its traditional location in Las Vegas.



COVID-19 also inspired new types of consumer innovations, creating a new focus on at-home and health products due to priorities inspired by the conditions consumers across the globe have been living in for months. Based on both the keynote speeches and the innovative technologies presented, we saw the key themes of CES this year to be as follows:



<ul><li>COVID-19 and its resulting changes in consumer behavior have caused an acceleration in digital transformation. This digital acceleration stood out in multiple forms but two of the most evident categories were the emphasis on a combined digital and physical experience to optimize the consumer journey and innovation in the transportation and mobility space. The enhanced effect of the combination of physical experience with digital was most evident in the keynote speeches.Walmart’s CEO Doug McMillon reiterated the importance of maintaining physical stores alongside the expected surge in online orders during his keynote, and Best Buy’s CEO Corie Barry discussed the observation that after Best Buy stores reopened, the most trafficked areas of the stores were those with complex entertainment offerings that consumers felt had to be seen in person to be evaluated. Transportation innovations were also abundant. Emphasis was placed on personal and private forms of transportation, with the belief that consumers will begin investing more heavily in innovative non-shared transportation solutions in the coming years. Topics included autonomous technology, electric cars, flying vehicles and micromobility (small lightweight vehicles traveling under 15mph) solutions. Examples of technologies highlighted at CES include both a flying car and an autonomous personal taxi debuted by GM, and a self-balancing Segway eScooter. It can be deduced from these trends that consumers are expected to begin to travelling away from their homes again in the coming years because some experiences are still better in person, but that these consumers expect innovation throughout the experience.</li></ul>



<ul><li>The home is becoming a more important hub for all aspects of life, including working, living and learning. After spending, in many cases a considerable amount more time in the home last year, consumers’ anticipated interest in new technology for their residence comes as no surprise. Many of the technologies discussed during CES were focused on robotics and other IOT devices for the home, along with additional technologies to make the home a better, more comfortable place to spend time. Innovations ranged from work and gaming chairs with heating and massage options to robotic food production devices and voice-controlled bathtubs. The focus on home this year emphasized the assumption by many companies that even as vaccines are rolled out, consumers still plan to spend extended amounts of time in their homes in the near future.</li></ul>



<ul><li>Consumers are becoming more interested in their health, with growing interest in digital health products they can utilize at home. The two major health and wellness themes during CES 2021 were those inspired by the pandemic (“pandemic tech”) and those focused more generally on tracking health at home. Based on the number of innovative masks, disinfecting robots, and other creative technologies such as a temperature-tracking doorbell, it’s evident that many companies are placing bets that consumers will look for protections from COVID-19 well into the next 1-2 years. In addition, there was a new prioritization of healthcare and wellness practices in the home. Deeptha Khanna, Chief Business Leader of Personal Health at Philips, stated “we have witnessed the reinvention of our homes as a core element of the healthcare pathway with telehealth, virtual and remote care technologies as the key drivers for change during COVID-19… and these changes are here to stay”. Health-focused innovations displayed this year included a wellness toilet that uses stool to make wellness recommendations, multiple at home vitals monitoring devices and a robot that learns a consumers’ lifestyle and provides recommended changes to improve mental health.</li></ul>



As can be expected during such a pivotal time in history, the COVID-19 pandemic was the key driver in practically all of the main trends and themes evident at this year’s CES event. There are many lessons that can be learned through this year’s trends. For example, it can be deduced that companies believe consumers still value the physical experience, but that those experiences can and will be augmented with digital. They also believe consumers plan to be mobile this year and will invest in transportation, with an emphasis on personal transportation including micromobility solutions. With the amount of smart home technologies on display this year, it seems evident that companies believe consumers are getting more comfortable with robotics and automation and will more frequently welcome those technologies into their homes. The expectation that consumers will invest in these technologies is also a sign that consumers are expected to continue spending significant amounts time in their homes. Unfortunately, fears from COVID-19 aren’t expected to go away any time soon so many companies are continuing to focus on pandemic-focused technologies. And finally, health and wellness in general has become a much more important topic for consumers, in particular when it comes to solutions that can be used within their homes.



While we’d be surprised if many of these sometimes science fiction-inspired, futuristic technologies end up entering mass production any time soon, the takeaways from the 2021 CES conference are highly informative in highlighting expectations for consumer behavior in the coming years. We look forward to seeing whether and how these trends become a reality in the months and years to come!

Insights from the 2021 Consumer Electronics Show (CES)

Digital disruption is accelerating the transformation of Asian businesses more than ever. With the onslaught of the coronavirus pandemic, there is an even greater impetus for businesses to digitize more aggressively in response to rapid economic shifts in the post-coronavirus era.



Today, when we think of digital disruption, what comes to our mind is often the highly visible world of tech such as smartphones, drones, and autonomous vehicles. However, the new trends focus overwhelmingly on invisible technologies, and a new mindset of harnessing intelligence to fundamentally change how we connect, run businesses, or make life easier for our consumers.



In this article, we will share the top 4 technology trends in Asia-Pacific that we see as key to &nbsp;driving digital adoption in the years to come.&nbsp;



Artificial intelligence (AI)



<ul><li>The main trend driving all others is that ongoing digital innovation will continue to be powered by AI – defined by Accenture as a constellation of many different technologies working together, artificial intelligence enables machines to sense, comprehend, act, and learn with human-like levels of intelligence.<ul><li>AI had already transformed our lives in many ways – the navigation apps, media services or ride-sharing apps that are so much integrated into our daily routines.</li></ul><ul><li>More recently, we see AI being deployed to assist humans in the diagnosis and treatment of coronavirus, and in technology tools to track and fight the pandemic.</li></ul><ul><li>In addition, the science of predictive data analytics is transforming the way businesses interact with their customers. From being able to analyze data to understand what happened, to a real-time understanding of what is happening to being able to predict what is going to happen.</li></ul><ul><li>We also see a trend of machine learning increasingly being democratized as a result of open source initiatives and off-the-shelf algorithms. This will empower Asian startups and SMEs to start building more of their own AI solutions.</li></ul></li></ul>



6G mobile network



<ul><li>It is unbelievable that just as 5G networks were beginning to be rolled out, researchers are already working on 6G networks.<ul><li>6G networks will offer even higher levels of capacity and lower latency speed compared to 5G networks. This means a near-instant and unlimited wireless connectivity.</li></ul><ul><li>More than ever before, 6G networks will integrate a set of previously disparate technologies, including deepening learning and big data analytics, creating possibilities for extremely powerful applications.</li></ul><ul><li>The 6G technology market is expected to facilitate huge leaps in the areas of imaging, presence technology, and location awareness, resulting in a proliferation of IoT usage.</li></ul><ul><li>A possible use case is in the future of work, where users can collaborate more effectively by having a digital twin (e.g. in the form of a full-body human-size 3D hologram) of oneself participating in meetings remotely. </li></ul></li></ul>



Robotic process automation (RPA)



<ul><li>RPA is among the fastest-growing segments of the global enterprise software market, which grew more than 100 % globally in 2019.<ul><li>With high cost-effectiveness and scalability, RPA uses robotics to automate and streamline tedious tasks – it is in even greater demand now because of new requirements for social distancing and less human-to-human contact in business processes.</li></ul><ul><li>2 key areas of RPA: industrial robots – mainly deployed in a factory setting; and service robots – usually used in retail, hospitality, healthcare industries.</li></ul><ul><li>One interesting innovation in this area is Digital People by Soul Machines, where a digital model of a real person capable of mimicking human-like interactions is used as a chatbot to create engaging and emotional connections with customers.</li></ul></li></ul>



Autonomous Vehicles



<ul><li>An autonomous vehicle is equipped with technology that can sense and interpret its environment, thereby allowing for the vehicle’s operation without any human involvement. It can go anywhere a traditional vehicle can and do practically everything that an experienced human driver does.<ul><li>By removing humans from the equation, autonomous vehicles bring a host of benefits to both businesses and individual consumers.</li></ul><ul><li>Singapore launched a commercial autonomous bus services pilot in end-January 2021 to assess viability of the on-demand service, passenger safety, service reliability and efficiency.</li></ul><ul><li>Autonomous vehicles have also been tested in China by JD.com and Meituan to facilitate deliveries.</li></ul><ul><li>According to a study on autonomous vehicle adoption by BCG, more than 12 million fully autonomous vehicles and 18 million partially autonomous vehicles are expected to be sold per year globally, by 2035.</li></ul></li></ul>



In conclusion, we can expect that these trends will transform business models and change the landscape in which Sodexo operates in today. At Sodexo Ventures, we strive to identify partners in these areas who can help us build breakthrough products and &nbsp;solutions to transform our business and enhance our services going forward into the future. &nbsp;

Top 4 Technology Trends in Asia-Pacific

We’re very proud to announce that <a href="https://www.sodexo.com/media/sodexo-named-leading-company-in-open-innovation.html">Sodexo has been recognized</a>, for the fourth year in a row, as&nbsp;one of the top Corporate Startup Stars.&nbsp;



As part of the&nbsp;Corporate Startup Stars Awards, startups were asked to nominate corporates that are most active in open innovation, a prestigious annual prize launched under the European Commission’s Startup Europe Partnership initiative in 2016 in recognition of the world’s most active corporates working with startups and identifying worldwide best practices in corporate-startup collaboration.



Sodexo is among 50 global companies that have been recognized through the Awards: 25 as Global Corporate Startup Stars and 25 as Global Open Innovation Challengers. This year the nomination process went global thanks to a partnership consolidated between&nbsp;<a href="https://mindthebridge.com/corporate-startup-stars/">Mind the Bridge</a>&nbsp;and <a href="https://iccwbo.org/">International Chamber of Commerce</a> earlier this year.



Sodexo was nominated in the Top 25 Corporate Startup Stars&nbsp;in 2020 category among companies such as ABB, AB InBev, BBVA, BNP Paribas, ENGIE, HSBC, NESTLÉ, PepsiCo, Samsung, SAP, Schneider Electric, Shell and Siemens among others.



It is an honor for Sodexo to be recognized for its investments in building a global ecosystem of startups, which works to improve the experience of our clients and consumers. For us at Sodexo Ventures, partnerships and collaborations are key when it comes to an investment. This is achieved by setting the same level of ambition with regards to the implementation of synergies, providing this clarity from the start ensures we build a partnership based on trust. Furthermore, Sodexo Ventures ensures that these synergies remain a focus after the investment by signing both the partnership and investment agreement documents on the closing day.



&nbsp;“We are very pleased to be recognized as one of the world’s leading companies in open innovation. At Sodexo, we truly embrace an open innovation ecosystem as start-ups can bring a ‘disrupting force’ pushing us to go faster and think outside of the box. We put an emphasis on building a strong partnership as this is what brings tremendous benefits to both Sodexo and the startups we work with.” said&nbsp;<a href="https://www.sodexo.com/home/finance/corporate-governance/executive-committee.html">Belen Moscoso Del Prado</a>, Chief Digital and Innovation Officer, Sodexo.&nbsp;



Find out more on <a href="https://sodexo-ventures.com/investment-approach">Sodexo Ventures's approach to building win-win partnerships</a>



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Sodexo: voted one of the leading companies in collaborative innovation

Sodexo Ventures recently attended the <a href="https://events.cbinsights.com/future-of-health">CB Insights Future of Health</a> virtual conference and if there was one thing we’d list as our top takeaway from the event, its that COVID-19 has played an astronomical role in accelerating innovation in the healthcare space. From the influx of telehealth solutions to the personalization and digitization of care delivery, the way consumers manage their health is beginning to look a lot different from what we’ve seen in the past. In particular, there were a couple categories of companies that appeared to be prevalent at the conference and gave a good indication of where the industry is heading:



<ul><li>Telehealth – According to Glen Tullman, Founder &amp; Executive Chairman at <a href="https://www.livongo.com/">Livongo Health</a>, telehealth was seeing 3-8% adoption before COVID. As a result of COVID, the industry is now seeing 10x that number. Telehealth-focused companies at the conference ranged from firms like <a href="https://business.amwell.com/">Amwell</a> that provide the technology to enable virtual visits to companies like <a href="https://www.tytocare.com/">Tyto Care</a> that sell an entire handheld exam kit for consumers to use at home while speaking to a doctor.</li><li>Care Management Platforms – One key trend that was evident at the conference was the enablement of consumers to take more personal control over their health, especially when it came to chronic conditions and mental health. In particular, we heard from companies that created online platforms that provide a personalized digital experience for consumers looking for guidance on how to manage their conditions from home. Services on these platforms included video visits, chat, medication reminders and additional reference materials and resources to enable a healthy life. Some interesting examples were <a href="https://happify.com/health/">Happify Health</a> for symptom management for stress, anxiety and depression, <a href="https://www.firefly.health/">FireFly</a> for chronic disease management and <a href="https://www.vida.com/">Vida Health</a> for physical and mental health.</li><li>Health Monitoring – One key issue in the industry today is the fact that consumers don’t go to the hospital until they are experiencing extreme symptoms. The physician is then only seeing the patient and gathering data for this one small period of time with limited visibility on what may have been happening in the weeks or even years leading up to the visit. Companies are now striving to solve this problem by providing consumers and physicians with solutions to track individual consumer health over time from home, offering consumers peace of mind and a more accurate indicator of when they should seek help, typically before they’d know to do so on their own. We heard from many interesting companies on this topic during the conference, including <a href="https://www.ixensor.com/ixensor_web/">iXensor</a> that developed a rapid at home blood glucose and cholesterol testing device, <a href="https://www.nuvocares.com/">Nuvo</a> that focuses on pregnancy monitoring and <a href="https://currenthealth.com/">Current Health</a>, which uses data to detect the onset of disease through an oreo-sized device patients wear on their arm. A particularly relevant use case came from <a href="https://www.physiq.com/">PhysIQ</a>, a remote patient monitoring company that leverages AI to improve clinical outcomes. An inspiring use case that PhysIQ founder Gary Conkright described during his conference session was <a href="https://www.physiq.com/press-media/ui-health-cms-and-physiq-collaborate-to-protect-covid-19-healthcare-workers-and-high-risk-patients-with-advanced-ai/">a partnership with Chicago Hospital UI Health</a> to create a solution for employees that contract COVID-19. UI Health employees with COVID-19 are sent PhysIQ’s Pinpoint monitoring device, which allow nurses to monitor employees’ conditions while they recover in their homes. The system lets the employees know when to go to the hospital, which has reduced the need of incubation for those who did need to be hospitalized while also offering greater peace of mind.</li><li>Automation – Finally, there is another set of companies tackling the automation of administrative tasks that take up a lot of time at the healthcare system. Two great examples of this trend are <a href="https://www.protenus.com/">Protenus</a>, a healthcare compliance-focused company that utilizes AI to aggregate audit data and identify violations and <a href="https://alphahealth.com/">Alpha Health</a>, which automates billing tasks to ensure hospitals are paid correctly and patients receive the right bill.</li></ul>



While this is just a small sampling of the innovative companies we heard from during the conference, it’s a clear indication of the direction healthcare is heading. Data, digitalization and personalization with an emphasis on home-based care are key trends that are not going away any time soon. We at Sodexo Ventures were very impressed by what we’ve seen so far and look forward to finding out what the future holds for these pioneering healthcare companies!

Lessons from CB Insights’ Future of Health Conference

Sodexo Ventures invested in Meican, a Beijing-based venture offering digital food solutions in 2019, since, Meican has been key to Sodexo’s Food Transformation strategy. By partnering with Meican, Sodexo-Ventures has helped Sodexo build a new and truly differentiating food offer that complements its current business model and enriches the consumer experience by digitalizing the food experience in China.



Since our investment, Meican has innovated in several areas proving its ability to continually innovate:



<ul><li>Meican leveraged the rich ecosystem of the WeChat super-app to develop a mini-program for consumers to place their food orders digitally in a cafeteria. Since the offer was launched two months ago, there had already been more than 500K transactions</li><li>Meican launched a second generation of smart food lockers, 80% cheaper than the first-generation lockers, bringing additional cost savings to their clients</li><li>Meican’s cashier-less checkout system leveraging RFID technology would also be upgraded to leverage dish recognition technology. The new system is currently in the final stages of testing and is expected to be launched towards the end of 2020.</li></ul>



Check out the video <a href="https://www.youtube.com/watch?edufilter=NULL&amp;t=11s&amp;v=4jKhD0JzUdw">(click here)</a> to learn more on how Meican is revolutionizing the food experience.

How Meican is revolutionizing the food experience

On November 3rd, Isabelle Mashola, CEO of <a href="https://sodexo-ventures.com/case/isahit">Isahit</a>, a company that provides a socially responsible platform for data labelling and data processing in which Sodexo <a href="https://sodexo-ventures.com/post/sodexo-ventures-announces-new-investment-in-isahit">Ventures invested in February 2020</a>, joined Jean-Sébastien Beaucamps of Sodexo Ventures in the webinar hosted by <a href="https://app.livestorm.co/fitt-france/rencontre-start-up-and-grandes-entreprises">FITT France</a> on ‘Start-ups and large companies, how to give meaning to your collaboration?’



During this session, which featured large companies such as Pfizer, CNP Assurances and start-ups such as MobiliWork and Onini, the start-up/company pairs shared their experiences, the lessons learnt, as well as their recommendations to the French innovation ecosystem.



Building win-win partnerships to co-create solutions



As pointed out by Jean-Sebastien in during the webinar, the decision to invest in a start-up goes beyond the view of being an investor for Sodexo Ventures. The key of a successful investment is building a win-win partnership.&nbsp; This is primarily achieved by setting the same level of ambition with regards to the implementation of synergies (i.e. speed of deployment, value sharing mechanism etc.).&nbsp; &nbsp;Providing this clarity from the start ensures to build a partnership based on trust. &nbsp;



Furthermore, our process ensures that these synergies remain a focus after the investment by signing both the partnership and investment agreement documents on the closing day. &nbsp;



&nbsp;“We aim to differentiate our role as a partner and as an investor, nominating very different profiles as Board Members and as responsible for the partnership implementation”, said Jean-Sebastien.



Driving forward the synergies is not only a focus at the start of the investment. &nbsp;It continues with &nbsp;a strong sponsorship from the start by appointing with an ExCom member as guarantor of the project. It is important to align company interests to ensure to have a positive impact on the growth of the startup, such as never requiring exclusivity investing in a company with only Sodexo or direct peer clients. &nbsp;As pointed out by Jean-Sebastien in the discussion, investing in start-ups can open the doors to learn more on non-core businesses by understanding new technologies, new trends, new players as well as new business models



Key learnings in collaborating with Isahit



The discussion also highlighted the key learnings from the Sodexo-Isahit collaboration, such as the strong and real values that are shared by both companies and the agility of our purchasing department in adapting and paying our partners faster. Beyond the commercial synergies, functional synergies were also identified with our legal department as well as the strengthening of the software, thanks to expertise coming from Sodexo’s datalab. To date, we have one successful use case in place around food recognition but many more are to come.



Find out more on <a href="https://sodexo-ventures.com/join">joining Sodexo Ventures</a>

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isahit

Wynd

Neo Nomade

Life Dojo

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Meican

Wellist

isahit

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Neo Nomade

Life Dojo

Klaxit

Meican

Wellist

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