Australian blockchain start-up AgriDigital has secured a AUD5.5m ($4.3m) investment from Square Peg Capital in series A funding. AgriDigital provides private blockchain technology to simplify agriculture supply chains, and since last year over 1.6 million tonnes of grain have been transacted over the system. The company plans to use the capital to expand its agtech platform into North America.
Australian blockchain start-up AgriDigital has secured a AUD5.5m ($4.3m) investment from Square Peg Capital in series A funding. AgriDigital provides private blockchain technology to simplify agriculture supply chains, and since December 2016 over 1.6 million tonnes of grain have been transacted over the system. The company plans to use the capital to expand its agtech platform into North America.