
SkoneLabs is an innovative company dedicated to reducing food loss in the food industry through the use of IoT and AI. Their core offering includes smart sensor devices, named Octagon, and a dynamic AI engine. The Octagon device provides 24/7 monitoring of temperature, humidity, gas composition, and tracking. The Skone AI engine uses this data to predict quality changes, estimate spoilage in advance, and provide actionable insights. These insights help businesses increase margins, comply with regulations, and reduce their CO2 footprint by improving inventory management and identifying the best suppliers. The company supports various industries including wholesale suppliers, farmers, storage facilities, ripening centers, logistics and shipping companies, retail stores, hotels, and restaurants. The business model appears to be a combination of hardware sales (smart devices) and SaaS for the AI engine and data insights. The company is led by Siddardha Koneti, Founder, and Nishit Agarwal, Co-Founder.

SkoneLabs is an innovative company dedicated to reducing food loss in the food industry through the use of IoT and AI. Their core offering includes smart sensor devices, named Octagon, and a dynamic AI engine. The Octagon device provides 24/7 monitoring of temperature, humidity, gas composition, and tracking. The Skone AI engine uses this data to predict quality changes, estimate spoilage in advance, and provide actionable insights. These insights help businesses increase margins, comply with regulations, and reduce their CO2 footprint by improving inventory management and identifying the best suppliers. The company supports various industries including wholesale suppliers, farmers, storage facilities, ripening centers, logistics and shipping companies, retail stores, hotels, and restaurants. The business model appears to be a combination of hardware sales (smart devices) and SaaS for the AI engine and data insights. The company is led by Siddardha Koneti, Founder, and Nishit Agarwal, Co-Founder.
Sector: IoT + AI for food quality monitoring
Core product: Octagon sensor device + cloud AI platform
Primary impact: Reduce food spoilage, support compliance, improve inventory margins
Headquarters (legal): Heilbronn / Berlin, Germany
Founders / leadership: Dr. Siddardha Koneti (Founder), Nishit Agrawal (Co-Founder)
Funding (reported): Pre-Seed; total disclosed ~$190k (USD)
Food spoilage and quality management across cold chain, storage, retail, and hospitality.
Supply chain / Food tech / IoT
$190,000
“Antler (reported as lead/backing investor)”