What is AgriChain?
AgriChain is an agricultural technology company focused on enhancing transparency and efficiency within the grain supply chain. The company has developed a suite of mobile applications that leverage blockchain technology to enable farmers to meticulously track their commodities from the paddock through to storage and beyond. This immutable and auditable data system ensures integrity and provides trusted information to all stakeholders. AgriChain's on-farm storage application is a pioneering solution that establishes data integrity for stored grain, directly linking with marketplaces like Clear Grain Exchange to offer farmers direct access to a broad network of buyers and ensure they achieve optimal value for their commodities.
How much funding has AgriChain raised?
AgriChain has raised a total of $6M across 1 funding round:
Unspecified
$6M
Unspecified (2020): $6M with participation from cornerstonegc.com.au
Key Investors in AgriChain
cornerstonegc.com.au
Cornerstone GC appears to be a venture capital or investment firm, likely focusing on companies within the agricultural or technology sectors, given its participation in AgriChain's funding round.
What's next for AgriChain?
The substantial enterprise-level funding positions AgriChain for significant growth and further development of its blockchain-based agricultural solutions. The company's strategic relationship with Clear Grain Exchange, Australia's largest online grain marketplace, indicates a clear path towards expanding its market reach and farmer engagement. Future initiatives will likely focus on enhancing the capabilities of its tracking applications, forging new partnerships within the agricultural ecosystem, and potentially exploring international market expansion. This strategic financing will empower AgriChain to solidify its role as a leader in providing data integrity and direct market access for farmers.
See full AgriChain company page
