2 years ago
BX Technologies Secures £1.5M to Decarbonize Food & Drink Supply Chains
BX Technologies, a London-based AI powered climate tech company, has raised £1.5M in funding
The raise, totaling £1.59M, included a follow-on investment from existing investors, including carbon removal venture capital firm Counteract, and the introduction of two US investors
The company intends to use the funds to accelerate growth and its business reach
BX Technologies focuses on the decarbonisation of the food and drink supply chain, providing retailers and brands with the tools to achieve their carbon reduction goals.
ProblemTechnology
"Food and drink supply chains have a huge carbon footprint, making it difficult for retailers and brands to meet their climate goals."
Solution
"BX Technologies provides AI-powered insights to help farmers reduce their carbon emissions, enabling retailers to create more sustainable supply chains."