Lumachain brings transparency to global supply chains, benefitting producers, enterprises and consumers, while also helping to end modern slavery.
Our platform tracks and traces the origin, location and condition of individual items in a supply chain, in real time, from farm to fork. This incentivises farmers and manufacturers to create high-quality, ethically-produced products. It allows enterprises to reduce waste, increase efficiency, and grow revenues and margins. And it allows consumers to know, with absolute certainty, the provenance, condition and quality of what they buy, and that it has been ethically and sustainably sourced.
Our platform tracks and traces the origin, location and condition of individual items in a supply chain, in real time, from farm to fork. This incentivises farmers and manufacturers to create high-quality, ethically-produced products. It allows enterprises to reduce waste, increase efficiency, and grow revenues and margins. And it allows consumers to know, with absolute certainty, the provenance, condition and quality of what they buy, and that it has been ethically and sustainably sourced.
Location: Australia, New South Wales, Sydney
Employees: 51-200
Total raised: $23M
Founded date: 2018
Investors 3
| Date | Name | Website |
| - | Nextwave X... | nxp.vc |
| 28.08.2022 | Bessemer V... | bvp.com |
| - | Main Seque... | mseq.vc/ |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 01.09.2022 | Series A | $19.5M | - |
| 29.07.2019 | - | $3.5M | - |
Mentions in press and media 11
| Date | Title | Description |
| 17.10.2024 | Chipotle's Strategic Investments: A Recipe for Growth | Chipotle Mexican Grill is cooking up a storm in the investment kitchen. With its $100 million Cultivate Next venture fund, the fast-casual giant is not just serving burritos; it’s also dishing out cash to innovative companies. Recently, two... |
| 16.10.2024 | Lumachain Receives Investment from Chipotle Mexican Grill | Lumachain, a Sydney, Australia-based AI supply chain platform, received a minority investment from Chipotle Mexican Grill (NYSE: CMG). Chipotle Mexican Grill made the investment through its $100m Cultivate Next venture fund, which makes ear... |
| 27.08.2022 | Australia-based Lumachain raises USD 19.5 million in Series A funding | Denver and Sydney, an Australia-based provider of an end-to-end solution for food supply chains, Lumachain, raised USD 19.5 million. The Series A round took place on August 25, 2022. Bessemer Venture Partners led the financing for the firm.... |
| 26.08.2022 | Lumachain Raises US$19.5M in Series A Funding | Lumachain, a Denver, CO and Sydney, Australia-based provider of an end-to-end solution for food supply chains, raised US$19.5M in Series A funding. The round was led by Bessemer Venture Partners with participation from existing investor Mai... |
| 25.08.2022 | Australia-based Lumachain lands $19.5M to transform the $1.5 trillion meat industry and change how our food is produced for good | The world’s food supply chain is broken and Sydney, Australia-based LumaChain has a plan to fix it. With globalization, it’s almost impossible to trace the origins of the food we eat. In addition, the $1.5 trillion global meat industry also... |
| 25.08.2022 | Lumachain Raises US$19.5 Million in Series A Funding Led by Bessemer Venture Partners | Lumachain, an end-to-end solution for food supply chains, announced it has raised US$19.5 million in Series A funding, led by Bessemer Venture Partners with participation from existing investor Main Sequence. The company has also announced ... |
| 25.08.2022 | Lumachain Raises US$19.5M in Series A Funding Led by Bessemer Venture Partners | DENVER and SYDNEY, Australia, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Lumachain, an end-to-end solution for food supply chains, today announced it has raised US$19.5 million in Series A funding, led by Bessemer Venture Partners with participation... |
| 24.08.2022 | Lumachain, using computer vision to transform meat production, bites into new capital | It’s widely known now that our current food production is not adequate enough to keep up with the growing population expected to come in the next three decades, which is why alternative meat products are being developed. But at a time when ... |
| 16.12.2020 | Delivering the goods: Food supply chain tech market map & predictions for 2021 | Editor’s note: Seana Day and Brita Rosenheim are partners at Culterra Capital and venture partners at Better Food Ventures, each with 20-plus years of investment, M&A, and strategy experience in agrifoodtech. Their analyses on the agrif... |
| 14.08.2019 | Blockchain startup Lumachain raises $3.5 million to shine the spotlight on $1.5 trillion food supply chain industry | - |
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