What is OpenSC?
OpenSC operates at the intersection of technology and sustainability, providing a robust platform designed to verify low-carbon and sustainable food production at its source. The company focuses on critical commodities such as palm oil and coffee, ensuring deforestation-free sourcing and equitable payments to farmers. By leveraging advanced technologies including AI, IoT, and blockchain, OpenSC empowers large corporations to meet escalating consumer demands for supply chain transparency, fulfill stringent ESG requirements, and optimize operational efficiency.
How much funding has OpenSC raised?
OpenSC has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2019): $4M with participation from Working Capital and Christian Wenger
Key Investors in OpenSC
Working Capital
Working Capital is an entity that provided seed funding to OpenSC. Their involvement suggests a focus on early-stage development and operational financing.
Christian Wenger
Christian Wenger, an early supporter of OpenSC, contributed to the company's initial seed round, indicating a belief in its foundational mission and technological approach.
What's next for OpenSC?
With the recent major strategic investment, OpenSC is poised for accelerated growth and enhanced impact in the sustainable food sector. This capital infusion is expected to fuel further development of its verification technologies and expand its reach across key agricultural supply chains. The company's focus on transparency and sustainability aligns with global trends towards responsible consumption and production, positioning OpenSC as a key enabler for enterprises committed to climate action and ethical sourcing.
See full OpenSC company page
