The startup develops a blockchain platform that enables businesses to create and deploy smart contracts for asset protection and real-time shipment monitoring. By integrating temperature and operational time sensors, the system automatically notifies stakeholders of any contract violations, enhancing transparency in the supply chain.
Funding
$3.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The integrity of temperature-sensitive goods, such as pharmaceuticals and perishables, is often compromised during transit and storage due to lack of real-time visibility and monitoring. This can lead to significant financial losses, regulatory non-compliance, and potential health risks. Existing tracking methods often lack the granularity and responsiveness needed to prevent damage and ensure product safety.
Solution
Adapt Ideations provides cloud-connected asset tracking and monitoring solutions that deliver real-time visibility and data intelligence throughout the supply chain. Their suite of KELVIN and PIXEL data loggers actively monitor location, temperature, shock, and light exposure, enabling proactive decision-making and operational improvements. The solutions offer automated alerts when deviations from set parameters occur, ensuring timely intervention and minimizing the risk of product compromise. By providing end-to-end visibility and comprehensive data, Adapt Ideations helps businesses meet stringent compliance requirements, reduce waste, and enhance sustainability efforts.
Target Audience
The primary target audience includes companies in the cold chain logistics, life sciences, biopharmaceutical, perishable goods, and critical asset industries that require real-time monitoring and tracking of temperature-sensitive products.
Features
- Real-time location tracking to monitor asset location during transit and storage
- Temperature monitoring with options for standard and cryogenic temperature ranges (down to -200°C)
- Shock and light detection to identify potential tampering or damage
- Automated alerts for deviations from predefined parameters
- Cloud-based platform for data visualization, analysis, and reporting
- Compliance with industry standards such as GDP, HACCP, FDA 21 CFR Part 11, and the Drug Supply Chain Security Act (DSCSA)
- Airline certifications for safe and compliant air transport
- Options for single-use and reusable data loggers to support sustainability initiatives
- Integration with mass charging boards for efficient device management