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Wednesday 15 May 2019

Backers authenticate Authenticate’s supply chain platform

logoThere are at least a couple things I like to know when I buy food at the supermarket: what it contains, and where it comes from. Harrogate-based foodtech startup Authenticate Information Systems aims mainly to answer the second question, with its supply chain mapping software that allows food businesses to track ingredients to source and ensure they meet required standards.

Founded in 2013, Authenticate has secured a new funding round of £2.3m, which includes £1.5 million from the Northern Powerhouse Investment Fund and the remainder from existing shareholders including Summit Alpha.

Authenticate is already in use at the Coop and a large number of hospitality and food businesses. This all seems very sensible to me.

Posted by Anthony Miller at '09:21' - Tagged: funding   startup   foodtech  

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