Farmer Connect SA Asset Profile

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Year established

2019

Location

Switzerland

Primary Industry

Consumer Products

About

Based in Switzerland, established in 2019 by David Behrends, Farmer Connect's FARMER CONNECT initiative is a coffee traceability and sustainability platform which connects consumers with coffee growers. Farmer Connect has 3 major products. The first is the Thank My Farmer™ app. Consumers can use the app to scan a QR code on the pack of a finished goods to access the story behind the product. Thank My Farmer™ also allows consumers to donate directly to sustainability projects in the farmers’ communities and, soon, to the actual producers that grew the raw goods. A digital confirmation will be sent to let the donor know that the donations have indeed reached their intended destination. The second is the "farmer connect platform". In the app, traceability data traveling through the supply chain is safely stored and validated by all parties involved. farmer connect platform is built around a blockchain core, powered by IBM, which allows for the safe storage and sharing of business data. Partners of Farmer Connect can upload information through forms and spreadsheet templates, as well as full system integration through APIs. The third is "Farmer ID". Using a Self-Sovereign Identity (SSI) solution at the core, Farmer ID allows producers to safely store & manage digital versions of identification documents, transaction receipts or (agricultural) certifications in one place.? The complementary Community Builder allows field teams to register & manage producers, as well as initiate transactions which are automatically synchronized with the Farmer Connect Platform. One can also issue credentials with data from surveys and field visits of third-party extension service providers (independents to certifications)?.? Through Farmer ID, producers connect to the digital supply chain and get proof of their identity and income. The aim is to support SME access to finance to invest in businesses and improve living conditions. No matter the terrain or continent, producers can participate in our ecosystem through Farmer ID. The company recently raised USD 9 million funding from Itochu Corporation. With the funding the company can capitalize on demand for sustainable, inclusive and efficient agriculture supply chains that benefit everyone, from farmers to consumers. It will continue to develop new products and services specifically in ESG and SDG tracking. It will also accelerate their plans to recruit specialists in sectors that impact small holder farmers, such as coffee, cocoa, tea, spices and fragrances. The company is now start building new teams across the world in places like Geneva, New York City, Singapore and Brazil. ?

Current Investors

ITOCHU

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Primary Industry

Consumer Products

Sub Industries

Non-Alcoholic Beverages, Social Networking & Communication Platform

Website

https://www.farmerconnect.com/

Verticals

Agtech, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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