The startup has developed a business insight platform that utilizes satellite data to generate actionable insights and tradable contracts for agricultural products. By enabling satellites to function as autonomous commercial actuaries and brokers, the platform creates a fair marketplace for farmers to sell their goods.
Funding
$470K 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
Agricultural supply chains face increasing pressure to demonstrate sustainability and comply with evolving environmental regulations like the EU Deforestation Regulation (EUDR). Monitoring deforestation, land use, carbon levels, and crop health across vast and remote agricultural regions is challenging and costly for supply chain operators. Verifying the origin and journey of commodities from farm to consumer is difficult, hindering transparency and ethical sourcing.
Solution
Trade in Space provides agricultural supply chain operators with environmental monitoring and traceability solutions, leveraging geospatial data and blockchain technology to enable sustainable and transparent supply chains. The company's platform, Sustainimaps, is a visualization and reporting tool that offers access to blockchain-ready, sustainability-relevant data products. Paired with Digitrak, a mobile app for on-the-ground data collection, Trade in Space enables users to track their supply chain from farm to fork, monitor land use and deforestation, evaluate carbon levels, assess crop health, and ensure compliance with regulations like EUDR. By integrating satellite data with blockchain, Trade in Space delivers Transactionable Insights®, empowering businesses to improve asset management, monitor progress toward sustainability commitments, and unlock green finance opportunities.
Target Audience
Trade in Space targets agricultural supply chain operators, including commodity producers, traders, and consumer goods companies, who need to monitor and verify the sustainability of their supply chains and comply with environmental regulations.
Features
- Sustainimaps: A visualization and reporting tool providing access to sustainability-relevant data products.
- Digitrak: A mobile app for collecting geolocation data and tracking commodities from the farm level.
- Deforestation and land use monitoring using real-time data.
- Carbon monitoring to assess carbon sequestration and biomass change.
- Crop health and vulnerability insights to anticipate pest and disease outbreaks.
- EUDR compliance solutions to map and monitor commodities covered by the EU regulation.
- Blockchain-ready data products to improve asset management and supply chain transparency.
- API integration for seamless integration with existing supply chain management systems.
- QR code generator and scanner for creating traceable microlots.
- Offline functionality for data collection in areas with limited internet access.