What is OpenSC?
OpenSC is at the forefront of revolutionizing global food systems, addressing the urgent need for sustainable practices and climate action. The company provides a robust platform designed to verify low-carbon and sustainable food production directly at the source, with a particular focus on key commodities such as palm oil and coffee. Their comprehensive services ensure deforestation-free sourcing and facilitate fair payments to farmers, leveraging cutting-edge technologies including AI, IoT, and blockchain. OpenSC's mission is to empower large corporations to meet escalating consumer demands for transparency, comply with stringent ESG requirements, and optimize their supply chain 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 Christian Wenger and Working Capital
Key Investors in OpenSC
Christian Wenger
Christian Wenger is an individual investor noted for participation in the company's early funding rounds.
Working Capital
Working Capital is an entity that provided backing to OpenSC, contributing to its foundational growth.
What's next for OpenSC?
The recent major strategic investment signals a new phase of growth and operational scaling for OpenSC. This capital infusion is expected to accelerate the company's expansion into new markets and enhance its technological capabilities, further solidifying its position as a leader in supply chain transparency and sustainability verification. OpenSC is poised to deepen its impact on global food systems, driving greater adoption of sustainable and ethical sourcing practices among major enterprises.
See full OpenSC company page
