Ecotrace

EcoTrace is a developer of supply chain data integration technology
2018
11-50
Sao Paulo, Brasil
AgricultureAgTechBlockchainFood and BeverageFraud DetectionSupply Chain Tech

Innovation

Industry Problem

Food products are not easily traceable back to its source through its entire supply chain

R&D Focus

Ai & Blockchain-based food supply chain traceability platform

Innovative Solution

EcoTrace uses machine learning, the internet of things, big data, and data science to provide complete production chain tracing solutions

Solution Effectiveness

EcoTrace enables retailers, industries, cattle producers, chicken producers, and cotton producers to get a complete account of the product’s history

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$1.36M

Last Funding Amount

$411K

Startup Stage

Early Stage

Lead Investors

KPTL

Revenue

$1M to $10M

People

Founders

CEO

Future Plan

Market Expansion

With the new funds, Ecotrace plans to allocate 40% towards the development of new technologies, including advancements in blockchain and AI, 30% for expanding its operations into new international markets.