a year ago

Finboot Secures Funding for Sustainable Supply Chain Solutions

  • Finboot, a UK-based supply chain technology provider, has closed the first close of its latest funding round

  • The undisclosed amount was led by a strategic investor alongside Wealth Club

  • The company plans to utilize the funds to accelerate its growth strategy, particularly in enabling companies and their net-zero transition through technology

  • Finboot's platform, MARCO, helps businesses incorporate blockchain into their value and supply chains, enhancing traceability, transparency, and compliance, aiding in meeting sustainability and ESG goals while improving operational efficiency

  • The company also maintains an office in Barcelona, Spain.

      • ProblemTechnology

      "Companies struggle to track their supply chains for sustainability and environmental impact, making it difficult to meet ESG requirements and achieve net-zero goals."

      Solution

      "Finboot's MARCO platform uses blockchain technology to create a transparent and traceable supply chain, allowing companies to monitor carbon emissions and comply with ESG regulations while improving operational efficiency."

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