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Lumachain

SmartCompany: Lumachain lands $3.5 million for tech tackling modern slavery in food supply chains

Aussie startup Lumachain has secured $3.5 million in funding for its blockchain technology tracking food supply chains, and tackling modern slavery at the same time.

The funding round was led by Main Sequence Ventures, the manager of CSIRO’s Innovation Fund.

Founded in April 2018, Lumachain provides a blockchain platform for tracking the origin, location and condition of items in the food supply chain in real-time, ensuring they’re coming from ethically responsible sources.

Read the full artcile from SmartCompany here

https://www.smartcompany.com.au/startupsmart/news/lumachain-food-supply-chains/