DSM invests in food freshness device company
DSM Venturing, the corporate venturing unit of Royal DSM N.V., announced that it has made an investment in food Quality Sensor International Inc. (FQSI). FQSI is a US-based company which develops and commercializes novel technologies to detect the freshness levels of perishable foods. FQSI's sensor technology will be incorporated in packaging concepts for fresh products such as meat and poultry. This is DSM's first equity investment in the field of Specialty Packaging, one of the Emerging Business Areas selected in DSM's strategy Vision 2010 - Building on Strengths.
FQSI's latest product SensorQ(TM) is a stick-on sensor label applied by the meat packer to the inside of meat and poultry packages. The label detects the gaseous byproducts of food-borne bacteria growing inside the package. The technology correlates to U.S. and international standards of meat and poultry spoilage. FQSI is currently in the final stages of testing and validating SensorQ(TM) and expects to launch the product later this year.
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