2 years ago

Hectare Raises $20 Million to Scale Sustainable Food Supply Chain Solutions

  • Hectare, a UK-based startup operating in the sustainable food supply-chain space, has raised $20 million (£16.5 million) in its Series A funding round

  • The company offers a software-as-a-service (SaaS) product that provides insights into inventory, trading, logistics, and the sustainable food market to farming businesses

  • The funding will be used to further develop its software products and expand into international markets.

      • ProblemAgriculture

      "The agricultural industry lacks transparency and efficiency in the supply chain, making it difficult to track inventory, optimize logistics, and ensure sustainability."

      Solution

      "Hectare offers a SaaS platform that provides real-time insights into the food supply chain, enabling farmers to make data-driven decisions, reduce their environmental impact, and improve profitability."

      Covered on