Mercury is an early-stage venture capital platform that seeks out transformative software startups, led by exceptional founders, in communities across America. To date, Mercury has created over $9 billion of value with an operationally-focused venture investment strategy helping startups achieve rapid, sustainable growth. Mercury partners with first-time entrepreneurs who require support and guidance, as well as seasoned founders seeking to leverage the assets and talent of our growth partner network.

Mercury

RevTech Ventures is a venture capital fund with a focus of early-stage investments at the intersection of retail and technology. We make dozens of small, initial investments, with larger follow-on investments in those companies that demonstrate rapid growth and sustainable advantage. We are committed to helping the retail industry adapt in the age of Amazon.

RevTech Ventures

Blue Collective is a multi-strategy investment firm located in Brooklyn, NY. We believe phenomenal people build phenomenal businesses. We seek out, invest in, and support phenomenal people wherever and whoever they are.  We have 2 main strategies: 1) Early-Stage Venture Capital - focus on US companies raising Pre-Seed and Seed Rounds (the earlier the better). We are 100% category-agnostic and just interested in great founders 2) Later-Stage Buy-Out and Growth Equity - focus on global companies specifically in B2B SaaS. Looking for companies between 3-10 million ARR with a great product and looking to drive growth. If you are interested to chat with us, just email us at blue@bluecollective.com. Our job is to meet with interesting founders and operators - a cold email is as good as a warm one. Look forward to connecting!

Blue Collective

Social Impact Capital specializes in investments that can deliver top decile returns in addition to a positive social impact we focus on the ''essentials of human need energy, water, food, health, environment, education, housing, access to capital, and social justice.

Social Impact Capital

GOOSE is an investment firm comprised of Fortune 500 executives, successful entrepreneurs, industry titans, and global super-connectors investing in deep tech and tough tech startups.  GOOSE Capital invests around $10 million per year across a variety of industries, but with a focus on breakthrough, proprietary technologies.

GOOSE Capital

Samara Asset Group essential investments into crypto assets and blockchain companies.

Samara Asset Group

We provide early-growth stage capital to transformational venture-backed technology businesses.We believe in partnering with the very best entrepreneurs and top-tier early-stage investors to help build enduring technology companies. We operate under the premise that the only way to build a world class business is to always put the company first. We believe this ethos optimizes outcomes for our companies and Limited Partners alike.

Beni VC

Chingona Ventures, headquartered in Chicago, focuses on industries that are massively changing and founders whose backgrounds uniquely position them to create businesses in growth markets that are often overlooked. Chingona Ventures' focus areas are in financial technology, female technology, food technology, health/wellness, and future of learning at the pre-seed/seed stage.

Chingona Ventures

Iconic envisions a tokenized economy where blockchain and cryptographic technology enable inclusive, transparent and secure financial markets. We are the bridge enabling enterprise-grade crypto asset investment opportunities as the tokenization of financial and real-world assets enhance financial institutional markets. Our team brings a wealth of professional, financial experience and a proven track record in the digital assets and blockchain industry. Our business units deliver excellence, providing the quality assurances investors expect from a world-class asset manager, as we champion our mission to decentralize wealth generation.

Iconic Holding

Republic gives people the opportunity to invest in the future they believe in by providing access to startup, real estate, crypto, and video game investments. Focused on creating a diverse, sustainable, and connected world, Republic has facilitated over $500 million in investments from over one million members of the global community. With a global team in six countries, Republic is backed by Galaxy Digital, The Motley Fool, Binance, Naspers, AngelList, and more.

Republic

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 40 early-stage ventures to scale and raise over $400 million in follow-on capital. Their portfolio centers around resilience-building solutions in adaptive agriculture and food systems, inclusive fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

Mercy Corps Ventures

A100x invests in early-stage companies utilizing blockchain and artificial intelligence to build the next wave of internet applications in Web 3 both for consumers and the enterprise.

A100x Ventures

Topl

Topl is an impact technology economy empowering businesses and corporations to unlock the value of their positive impact. Topl empowers the monetization of impact verified on the blockchain. The Topl Blockchain can support projects across borders and industries.

<div>Topl offers a blockchain-based platform that is purpose-built for Environmental, Social, and Corporate Governance (ESG) claims and to help companies prove their ethical and sustainable practices. The platform offers solutions in the areas of supply chain tracking, carbon credits, non-carbon impact tokens, traceability, and consumer information services. Topl&rsquo;s use cases range across industries such as agriculture, metals and materials, energy and sustainability, and fashion and beauty.</div>

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

Bringing the benefits of blockchain to the enterprise

Enterprise Blockchain Solutions

<div>Topl offers a blockchain-based platform that is purpose-built for global development and sustainable industries. The platform offers solutions in the areas of supply chain tracking, carbon credits, non-carbon impact tokens, traceability, and consumer information services. Topl&rsquo;s use cases range across industries such as agriculture, metals and materials, energy and sustainability, and fashion and beauty.</div>

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

<div>
 
 Topl offers a blockchain-based platform that is purpose-built for Environmental, Social, and Corporate Governance (ESG) claims and to help companies prove their ethical and sustainable practices. The platform offers solutions in the areas of supply chain tracking, carbon credits, non-carbon impact tokens, traceability, and consumer information services. Topl&rsquo;s use cases range across industries such as agriculture, metals and materials, energy and sustainability, and fashion and beauty.
 
 
 Key customers and partnerships
 
 
 In December 2020, the company partnered with TrackX, an enterprise asset management and supply chain solution provider, to develop a verifiable tracking and tracing solution to enhance supply chain transparency. In September 2021, Topl partnered with FUELTRAX, an electronic fuel management solution provider. FUELTRAX integrated blockchain into its EFMS products, recording each step of the process on the secure Topl blockchain. Users can easily track, review, and prove changes in fuel transfers, ensuring a reliable digital record.
 
 
 In July 2022, the company claimed to be working with Fortune 500 companies that were moving internal ESG reporting systems onto the Topl blockchain.&nbsp;
 
 
 Funding and financials&nbsp;
 
 
 Topl&rsquo;s most recent funding round was in July 2022, when it raised USD 15 million in a 
 <a href="https://sp-edge.com/updates/11868">
 Series A
 </a>
 funding round co-led by Mercury, Republic Asia, and Cryptology Asset Group. Previously&nbsp; in December 2020, the company raised USD 3 million in a seed funding round led by Mercury Fund. The funds were utilized to accelerate the launch of its Blockchain-as-a-Service (BaaS) solution, Traceability-as-a-Service (TaaS) solution and Registry-as-a-Service (RaaS) solution.&nbsp;
 
</div>

<div>
 
 Circular IQ is a Netherlands-based digital platform that offers SaaS-based solutions for businesses to assess their circular performance through smart data-gathering and analytics. Circular IQ collects and analyzes supplier-specific data and provides tailor-made reports for businesses about the circularity of their operations.&nbsp;
 
 
 Circular IQ offers three main services 1) Circular Procurement Program, a service that monitors and reports the circular performance of a business&rsquo;s existing supply chain, 2) Product Circularity Improvement Program, a service in collaboration with KPMG to identify areas where the circularity of an existing supply chain can be improved, and 3) Circular Transition Indicators (CTI) Program, a service that supports and guides businesses through circular transition.
 
 
 Key customers and partnerships
 
 
 In March 2024, Circular IQ reported more than 2,000 CTI customer accounts in 94 countries. Microsoft, KPMG, Whirlpool, Saudi Aramco, Aptar, Rabobank, bp, Deloitte and Royal DSM were some of Circular IQ&rsquo;s high-profile clients.&nbsp;&nbsp;
 
 
 
</div>

Circular IQ

<div>
 
 Cloverly offers an API-based digital infrastructure for voluntary carbon markets (VCM). The Cloverly platform is used by both corporate buyers and project suppliers. Buyers can directly purchase carbon removal credits through its platform or integrate its technology into their products, services, or supply chains. Similarly, project suppliers leverage the Cloverly Marketplace and the supplier software, to manage commercial operations such as inventory management and tracking of carbon credit sales. The supplier platform offers carbon credits from suppliers including Therm, KOKO Networks and CarbonCure. For each carbon credit purchase, Cloverly produces a unique transaction receipt and certificate.&nbsp;
 
 
 Key customers and partnerships
 
 
 Leading companies such as American Express, Salesforce, Visa, have added Cloverly to their platforms to facilitate the purchase of carbon offset credits. The online gift card company, Instagift, also allows its customers to offset emissions through Cloverly. In November 2021, Clovery partnered with Diversifi to launch a service that offsets the crypto-carbon footprint. In May 2022, Cloverly also partnered with 
 <a href="https://sp-edge.com/updates/11507">
 BeZero Carbon
 </a>
 to obtain third-party ratings and independent quality assessments and 
 <a href="https://sp-edge.com/updates/11506">
 Redwood Logistics
 </a>
 to measure freight emissions and offset those via carbon credits in July 2022. In November 2023, the company also collaborated with Sustain.Life, a B2B carbon intelligence startup, to supply carbon credits. As of February 2024, the Cloverly platform was used by over 300 global enterprises.&nbsp;
 
 
 Funding and financials&nbsp;
 
 
 Cloverly&rsquo;s most recent funding was in May 2023, when it raised USD 19 million in a 
 <a href="https://sp-edge.com/updates/18533">
 Series A funding
 </a>
 round led by Grotech Ventures. In July 2021, Cloverly raised USD 2.1 million in a seed funding round led by TechSquare Ventures. As a part of the transaction, Cloverly was also spun out from Southern Company, an American gas and electric utility where it was incubated.
 
</div>

Cloverly

<div>
 
 UK-based Giki offers two mobile apps to reduce the personal carbon footprint of its users:&nbsp;&nbsp;
 
 
 Giki Badges is an app that allows users to find sustainable and healthy products in supermarkets through 15 unique badges to UK supermarket products based on sustainability, health, and fairness. Customers can scan the product barcode to find the badges that are being awarded to the product. Giki Badges reported awarding badges to over 280,000 supermarket products.&nbsp;
 
 
 Giki Zero is an app that allows users to calculate and reduce the personal carbon footprint. Giki Zero estimates the personal carbon footprint of a user based on a lifestyle survey (a set of detailed questions about the user&rsquo;s lifestyle) and provides customized advice to reduce the user&rsquo;s carbon footprint. Giki Zero Pro is an extension of the same product for businesses which allows employees to monitor and reduce their carbon footprint.&nbsp;&nbsp;
 
 
 Key customers and partnerships&nbsp;
 
 
 In April 2023, Giki partnered with 
 <a href="https://www.compass-group.co.uk/media/news/compass-partners-with-social-enterprise-giki-to-empower-its-45k-strong-workforce-to-reduce-their-carbon-footprint/">
 Compass Group
 </a>
 , a UK-based food and support services provider, to calculate and reduce the personal carbon footprint of its employees. As of March 2024, Giki had worked with over 100 global customers, including NatWest Group, Federated Hermes International, BBC, Deloitte, Adobe and Accenture, among others.
 
</div>

Giki

<div>
 
 Canada-based Metrio primarily offers SaaS-based Environmental, Social and Governance (ESG) reporting solutions for businesses. Metrio allows companies to monitor their ESG performance in real-time using dashboard tools to create customized reports based on any standard ESG framework. In addition to ESG reporting, Metrio also offers ESG industry benchmarking, supply chain ESG monitoring, and ESG investment management services.&nbsp;
 
 
 Key customers and partnerships
 
 
 In June 2022, Metrio was acquired by Nasdaq. After the acquisition, Nasdaq integrated Metrio&rsquo;s SaaS platform into its suite of ESG solutions. Metrio continued to remain an independent company and brand after the investment. 	
 
 
 As of 
 <a href="https://www.metrio.net/en/clients#Our-clients">
 January 2024
 </a>
 , Metrio software was used by over 5,000 clients, including 100+ multinational companies across financial, food, manufacturing, retail, and transportation sectors. Major customers include Target, Air Canada, Decathlon, and Aldo.
 
</div>

Metrio

<div>
 
 Proof (formerly Proof of Impact) is an Impact-as-a-Service (IaaS) company based in the Netherlands. Proof offers a range of SaaS-based digital tools for businesses and investors to collect, verify, and analyze real-time sustainability data from community assessments, IoT devices, and corporate disclosures. The company also verifies and secures them using blockchain technology and presents them in a quantifiable form for sustainable decision making.&nbsp;
 
 
 
 
 Proof&rsquo;s services include: 1) Digital consultancy&ndash;digital assessments to create and deploy a company&rsquo;s sustainability strategy, 2) Impact dashboard&ndash;an end-to-end solution to collect, verify, analyze, and report sustainability data, and 3) Impact Catalyst Cloud&ndash;cloud-based tools and API solutions for tracking, verifying, and investing in sustainability projects. Proof also operates a marketplace for sustainability projects where investors may directly select, and fund verified sustainable projects.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 
 
 In May 2023, the company 
 <a href="https://resources.proof.io/press-release-assetmetrix-and-proof-join-forces-to-offer-an-integrated-sfdr-focused-esg-solution-to-private-market-clients/">
 partnered
 </a>
 with AssetMetrix, a German-based next generation asset servicer, to offer an integrated solution for ESG data collection, reporting and optimization.&nbsp;
 
 
 
 
 Funding and financials
 
 
 
 
 Proof&rsquo;s most recent funding was in August 2022, when it raised USD 6 million in a 
 <a href="https://sp-edge.com/updates/12037">
 pre-series A funding
 </a>
 round led by Rakuten Capital. Previously in December 2021, the company raised USD 2.3 million in a seed funding round led by Altera Investments.&nbsp;
 
 
 
</div>

Proof of Impact

Solutions used improve carbon tracking transparency across internal and external business operations

Provides tools to monitor and offset CO2 emissions using reforestation, renewable energy credits, etc

Some carbon trading marketplaces are blockchain based (e.g., Nori)

Some carbon tracking companies use AI to measure and report CO2 emissions (e.g., Persefoni)

Pure-play software solutions that measure, monitor, analyze, and report carbon footprints from supply chains and other Scope 3 emissions.

<div>
 
 Topl offers a blockchain-based platform that is purpose-built for Environmental, Social, and Corporate Governance (ESG) claims and to help companies prove their ethical and sustainable practices. The platform offers solutions in the areas of supply chain tracking, carbon credits, non-carbon impact tokens, traceability, and consumer information services. Topl&rsquo;s use cases range across industries such as agriculture, metals and materials, energy and sustainability, and fashion and beauty.
 
 
 Key customers and partnerships
 
 
 In July 2022, the company claimed to be working with Fortune 500 companies that were moving internal ESG reporting systems onto the Topl blockchain. By the end of 2022, the company was expected to have 40&ndash;50 projects on-chain.&nbsp;
 
 
 Topl partnered with FUELTRAX in 2021 to meet the demand for transparency in energy trading. FUELTRAX integrated blockchain into its EFMS products, recording each step of the process on the secure Topl blockchain. Users can easily track, review, and prove changes in fuel transfers, ensuring a reliable digital record.
 
 
 Funding and financials
 
 
 Topl raised USD 15.0 million in Series A funding in July 2022, 
 co-led by Mercury, Republic Asia, and Cryptology Asset Group. The company earmarked the funds to expand its team and support the launch of two blockchain-based products: 1) A traceability-as-a-service application and 2) a registry-as-a-service application for carbon credits.
 
</div>

<div>
 
 BlockCypher is an enterprise company specializing in blockchain technology. The company&rsquo;s cloud-based platform helps enterprises build blockchain applications with web APIs and callbacks. BlockCypher's APIs enable users to interact with multiple blockchains and retrieve data from blocks, receive notifications about unconfirmed transactions, and request multiple signature transactions​.
 
 
 In terms of product offerings, BlockCypher's primary service is its cloud-based platform. The platform's design is blockchain-universal, enabling its compatibility with any blockchain. This versatility permits BlockCypher to support numerous enterprise scenarios, including supply chain oversight, financial transactions, and record maintenance.
 
 
 Key customers and partnerships
 
 
 BlockCypher and the National Renewable Energy Laboratory (NREL) partnered in June 2018 to showcase secure peer-to-peer energy transactions using the blockchain, forming the foundation for a distributed energy marketplace. This collaboration opens up new value streams for customers and utilities by reducing the need for a central arbitrator.
 
 
 
</div>

BlockCypher

<div>
 
 Bloq's products are designed to accelerate blockchain development and deployment, catering to individual developers, startups, and enterprises. Focusing on enterprises, the company&rsquo;s solutions are offered through the Bloq platform, which includes tools for exchanges, wallets, data and analytics, and custody providers.
 
 
 The company provides managed blockchain cloud services that consist of three primary services: Connect, Nodes, and Stake. Connect is a blockchain API service that accelerates the development of real-time connectivity to popular blockchain networks and access to additional blockchain data services. Nodes offers private, fully managed clusters of nodes to access popular public blockchain networks. Stake provides infrastructure and API endpoints to allow users to create validators and start staking, with support for Ethereum and Avalanche networks​​.
 
 
 Key customers and partnerships
 
 
 The company's timeline of innovation includes major milestones such as delivering Fidelity&rsquo;s first bitcoin wallet in 2016, launching BloqLabs in 2017, and working with Citibank on a Universal Node for digital assets in 2018. In recent years, Bloq has launched BloqCloud, a managed node and API service. It also partnered with Lumerin project to tokenize hashpower and founded Atmos Labs to develop metaverse-native sports​​.
 
 
 Bloq&rsquo;s key enterprise customers include Discover, Citigroup, Foxconn, Barclays, Fidelity, and Circle. 
 
 
 
</div>

Bloq

<div>
 
 Dragonchain offers a blockchain-based, language-agnostic enterprise solutions that includes a Learning Management System. Some of the solutions include 1) Lyceum, which provides traceable proof-of-course progress, completion, scoring, continuing education units, and certification, along with a GDPR- and CCPA-capable identity management platform; 2) Factor, which enables secure PII storage and streamlined authentication; and 3) A FinTech suite that supports regulatory compliance. Dragonchain&rsquo;s products are quantum-safe and the proof of every transaction is secured to bitcoin, Ethereum, and other blockchain networks.
 
 
 In January 2020, Dragonchain was able to execute over 260 million transactions on a business system in just 24 hours. The test was run on 520 active nodes with a utilization rate of below 2%; it was estimated that at full capacity, the platform could execute approximately 13 billion transactions.
 
 
 The company&rsquo;s solutions can be used across a range of industries, including healthcare, FinTech, government, and supply chain management. Most use cases focus on using the platform for information gathering and management, with a priority on accurate and real-time information availability.
 
 
 Key customers and partnerships
 
 
 The company has worked with a range of customers including Snohomish County in the US, Beaxy, Knowledge Perk, and SafePass.
 
 
 
</div>

Dragonchain

<div>
 
 BlockApps is a leading provider of blockchain solutions that helps businesses enhance transparency and trust in their transactions. BlockApps' key product, STRATO, is a BaaS platform compatible with Ethereum, which is designed for business network transactions and activities, adhering to the standards of the Enterprise Ethereum Alliance (EEA). It can be deployed on multiple cloud providers, integrated with various systems, and is configurable for a range of business activities. It is primarily used for building business networks with a focus on enhancing security, performance, trust, and transparency. STRATO's capabilities include tokenizing real-world assets, incorporating transparency data, and creating value chain incentives. It offers a suite of features including data privacy controls, network governance, scalability, APIs for third-party integration, audit and reporting tools, data migration facilities, identity management using existing enterprise sign-on systems, consensus mechanisms, developer tools, application portability, and the ability to use existing enterprise data models.
 
 
 Key customers and partnerships
 
 
 In 2016, BlockApps collaborated with ConsenSys and BHP Billiton to deploy its first production application. In the same year, it built enterprise Proof of Concepts (POCs) with John Hancock and Upgraded (now Ticketmaster).&nbsp;
 
 
 BlockApps announced an initiative with ARC, United Airlines, and Blockskye in 2018 and also launched the STRATO platform on all major cloud providers by partnering with Google and Amazon Web Services.&nbsp;
 
 
 In September 2021, it launched TraceCarbon, a CO2 ecosystem management application, supporting sustainability traceability.
 
 
 Funding and financials
 
 
 In April 2022, BlockApps raised USD 41 million in funding through a round led by Liberty City Ventures. The company intended to use the funding to enhance its go-to-market strategy, expand its team, help businesses expand in its blockchain ecosystem, and bring more real assets to the STRATO platform.&nbsp;
 
 
 
</div>

BlockApps

<div>
 
 Cryptowerk is an enterprise blockchain company that offers blockchain-as-a-service, allowing organizations to create a tamper-proof chain of custody for their digital assets and enabling them to prove authenticity at scale​​. Cryptowerk's solutions are used in multiple industries, including aerospace and defense, automotive, pharmaceuticals, software, and utilities​​.
 
 
 The company's primary product is Cryptowerk HORIZON. This software creates tamper-proof records of digital assets that can be sealed in public or private blockchains up to one million times per second. These digital &quot;fingerprints&quot; can then be compared to the original data to verify authenticity. Cryptowerk HORIZON is offered as a REST API. The product is available for cloud-based deployment and supports various organizations including midsize businesses, small businesses, enterprises, freelancers, nonprofits, and government entities​​.
 
 
 
</div>

Cryptowerk

The blockchain-as-a-service segment operates under a B2B SaaS model

Companies offering blockchain-enabled tools to build IoT networks/supply chain traceability solutions for smart factories

Includes companies that offer blockchain-enabled tools to build IoT networks and transfer IoT device data

All companies within this industry are either blockchain-based platforms or offer blockchain-centric services

Companies that offer blockchain-based solutions that enable users and companies to track price, date, location, quality, and other relevant information for supply chain management

<div>
 
 Topl offers a blockchain-based platform that is purpose-built for global development and sustainable industries. The platform offers solutions in the areas of supply chain tracking, carbon credits, non-carbon impact tokens, traceability, and consumer information services. Topl&rsquo;s use cases range across industries such as agriculture, metals and materials, energy and sustainability, and fashion and beauty.
 
 
 Key customers and partnerships
 
 
 In July 2022, the company claimed to be working with Fortune 500 companies that were moving internal ESG reporting systems onto the Topl blockchain. By the end of 2022, the company was expected to have 40&ndash;50 projects on-chain.&nbsp;
 
 
 In December 2020, the company partnered with TrackX, an enterprise asset management and supply chain solution provider, to develop a verifiable tracking and tracing solution to enhance supply chain transparency.
 
 
 In September 2021, Topl partnered with FUELTRAX to meet the demand for transparency in energy trading. FUELTRAX integrated blockchain into its EFMS products, recording each step of the process on the secure Topl blockchain, enabling its users to easily track, review, and prove changes in fuel transfers.
 
 
 Funding and financials
 
 
 Topl raised 
 <a href="https://sp-edge.com/updates/11868">
 USD 15.0 million
 </a>
 in Series A funding in July 2022, co-led by Mercury, Republic Asia, and Cryptology Asset Group. The company aimed to use the funds toward launching new products and expanding its team.
 
 
 
</div>

<div>
 
 Project44 is a technology company that specializes in supply chain visibility and logistics connectivity solutions. The company&rsquo;s platform &ldquo;Movement&rdquo; connects shippers, carriers, and logistics service providers to provide real-time visibility of the location and status of shipments. It also offers insights and connectivity across borders, helping businesses manage complex, multi-country logistics. This enables businesses to track and manage the movement of goods and shipments from the point of origin to the final destination.
 
 
 
 
 Since its inception, the company has expanded globally by acquiring visibility providers such as GateHouse Logistics, Ocean Insights, ClearMetal, and Convey. It has also built a carrier network with over 238,000 carriers, as of October 2023. In May 2023, the company reported that its platform tracked more than 1 billion unique shipments annually for over 1,300 brands, which included companies from industries such as manufacturing, automotive, retail, life sciences, and chemical and gas.&nbsp;
 
 
 
 
 In April 2023, Project44 launched &ldquo;Movement GPT,&rdquo; a generative AI assistant for supply chain. This feature allows users to interact within the Movement platform in natural language to track shipments and identify supply chain risks.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 As of October 2023, the company's customers included leading brands such as Nestl&eacute;, Convoy, DHL, Uber Freight, and Bayer.
 
 
 
 
 In May 2023, the company entered into a partnership with asset intelligence company, Nexxiot, to enable the delivery of real-time network insights and IoT-centric conditional and location monitoring. Further, in January 2024, the company partnered with Lenzing Group, a specialty fiber producer, to enhance Lenzing Group's ocean shipment visibility with a focus on carbon emissions monitoring. The collaboration involves the creation of an updated real-time shipment visibility tool that collects carbon emissions data at the shipment and container levels.
 
 
 
 
 Funding and financials
 
 
 
 
 In January 2022, the company raised 
 <a href="https://sp-edge.com/updates/7695">
 USD 420 million
 </a>
 , which included a USD 240 million equity funding round led by TPG, Thoma Bravo, and Goldman Sachs&rsquo; asset-management arm. It also raised USD 180 million through the acquisition of shares by existing investors. This was followed by another USD 80 million round in November 2022 led by Generation Investment Management and A.P. Moller Holding, valuing the company at USD 2.7 billion.
 
 
 
 
 In 2021, Project44 reported an annual recurring revenue of more than USD 100 million.&nbsp;
 
 
 
</div>

Project44

<div>
 
 Supertrace offers a web-based platform to enable transparency and traceability across supply chains. The company assigns digital identities for physical commodities&mdash;a digital code that can be scanned using iOS or Android phones&mdash;and stores them in a blockchain database to make them connected and verifiable. This lets users obtain end-to-end visibility of product movements and enables them to manage fraud, ​​identify inefficiencies, and authenticate products in the supply chain while building trust with connected stakeholders.
 
 
 The platform features both software and hardware components and comes as a &ldquo;plug-and-play&rdquo; solution that can easily be integrated with existing ERP solutions and third-party systems. As of October 2023, the company claimed that the platform had the capacity to track over 300 million products per year.
 
 
 Key customers and partnerships
 
 
 As of October 2023, the company&rsquo;s platform was used by over 60 companies across the world.&nbsp;
 
 
 
</div>

Supertrace

<div>
 
 Exiger provides software and tech-enabled tools to manage supply chains through AI-powered solutions. These solutions focus on providing visibility across supply chains and mitigating risks in strictly regulated industries, critical infrastructure companies, defense contractors, financial institutions, and government agencies. They also aim to monitor regulatory compliance and combat financial crime.&nbsp;
 
 
 
 
 The company's product portfolio includes solutions such as Supply Chain Explorer, SDX, ExploreRx, and PAC, which are developed to provide visibility across supply networks. Also, its products, such as DDIQ, Screen IQ, and Insight 3PM, are aimed at facilitating risk-screening processes and managing business relationships. In May 2023, the company acquired Ion Channel, adding a platform to its product portfolio to facilitate supply chain risk management.&nbsp;
 
 
 
 
 In September 2023, Exiger launched 1Exiger, its new supply chain platform that integrates and provides access to Exiger's products&mdash;DDIQ, Insight 3PM, Ion Channel, SDX, and Supply Chain Explorer. The company planned to scale up the platform over the following decade and developed a long-term roadmap to introduce new capabilities.
 
 
 
 
 The company operates in the US, Canada, London, Bucharest, Singapore, and Australia. As of October 2023, the company had more than 800 employees across its global offices.
 
 
 
 
 Key customers and partnerships
 
 
 As of October 2023, Exiger was providing its services to 550 Global customers across the world, including 150 companies featured in the Fortune 500 list and over 50 government agencies.
 
 
 In March 2024, Exiger entered a strategic partnership with aDolus Technology Inc., an authority in software intelligence for critical infrastructure. The partnership enables Exiger to incorporate aDolus' software into its supply chain platform. This integration will allow for the analysis of firmware and industrial control software for potential vulnerabilities. This collaboration allows both companies to offer improved visibility and risk assessment capabilities in operational technology to their Federal Government and corporate clients.
 
 
 
 
 Funding and financials
 
 
 In August 2022, Exiger raised USD 32 million through a debt financing round.
 
 
 
 
 In 2021, it was reported that Exiger had achieved in excess of 100% compound annual growth in software license revenue worldwide over the previous four years.
 
 
 
</div>

Exiger

<div>
 
 Chain.io offers a cloud-based integration platform that connects shippers and freight companies across the global supply chain. The company&rsquo;s pre-built adaptors enable shippers and freight companies to integrate their legacy systems with modern API-based SaaS tools to provide them with visibility across their supply networks to efficiently manage freight.
 
 
 
 
 Beyond mere integration, the platform automates freight operations with pre-configured plugins built to expedite the booking, moving, and delivery of freight. This includes automation focused on PO management, securing freight insurance, sending advanced shipment notices (ASN), and invoice processing as well as improving the overall efficiencies in agent, carrier, and customs operations. The platform also enables advanced insights through the aggregation of data from multiple sources into a centralized database. The platform feeds this information into internal reporting and is populated in external dashboards to provide visibility on key operational metrics and environmental impacts.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 As of October 2023, Chain.io&rsquo;s platform was used by leading brands such as Ex Works, Janel Group, John S Conner, Magnate Worldwide, OIA Global, and Jaguar Freight Services. As of June 2022, the company claimed that 10 of the 15 world&rsquo;s largest freight forwarders were also using its platform.
 
 
 
 
 Funding and financials
 
 
 
 
 In June 2022, the company raised USD 11 million in a Series A funding round co-led by Fontinalis Partners and High Alpha. The funding was aimed at expanding the company&rsquo;s network of native integrations to the industry&rsquo;s supply chain technology platforms and to expand its geographical reach across North America, Europe, and Asia.
 
 
 
</div>

Chain.io

<div>
 
 Overhaul offers a device-agnostic supply chain visibility and risk monitoring solution to monitor and manage in-transit shipments. The company&rsquo;s technology-driven platform provides real-time visibility into the transportation of high-value cargo and critical shipments, ensuring the integrity of the supply chain. In addition, the platform provides insights using AI-powered predictive analytics for risk monitoring, enabling its users to mitigate potential risks, such as theft, damage, or disruptions. The platform also offers solutions to simplify compliance and documentation processes and assist in managing regulatory requirements, inspections, and certifications in the transportation industry.
 
 
 
 
 Overhaul&rsquo;s products and solutions are geared toward global industries such as pharmaceutical and healthcare, technology, logistics, and food and beverage. According to the company, in 2023, it is expected to track more than USD 1 trillion in shipments in transit.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 As of October 2023, the company was offering its products to leading brands such as Microsoft, Dyson, GoPro, Bristol Myers Squibb, and J.B. Hunt.
 
 
 
 
 In April 2023, the company partnered with MCA Connect to offer a comprehensive set of integrated solutions aimed at helping organizations achieve end-to-end supply chain visibility and automate processes.
 
 
 
 
 Funding and financials
 
 
 
 
 In March 2023, the company raised USD 73 million as new growth capital. The funding consisted of USD 38 million in equity and USD 35 million in non-dilutive debt. The round was led by growth equity investor Edison Partners. The proceeds were expected to be used for global expansion, product development initiatives, and to fund the acquisition of security services provider SensiGuard.
 
 
 
</div>

Overhaul

Supply chain tech is frequently depedent on IoT for connecting different links of the supply chain

Supply chain tech contributes towards sustainability through efforts to reduce waste, loss and emissions through improving supply chain operations and accuracy.

Uses blockchain to create transparent, and secure records of transactions and product movements

The platforms facilitate tracing and tracking of products through the supply chain

Platforms that facilitate the tracing and verification of products or components throughout the supply chain, from origin to consumer.

Topl

Carbon Management Software

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EDGE Insights

Enterprise blockchains: From Bitcoin to business

Bringing ESG to the blockchain with Topl CEO Kim Raath

Recent Updates

Topl raises USD 15 million in Series A funding

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Funding

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