Breaking News on Food Safety & Quality Control

News > Industry news

Read more breaking news



Provenance secures $800k funding to track fresh produce from origin to supermarket

Post a comment

By Jenny Eagle+


Provenance tracking tuna. Picture: Provenance.
Provenance tracking tuna. Picture: Provenance.

British tech startup Provenance has secured $800k (£650k) in private investment to fund an ongoing grant for its blockchain-backed software launching 100 transparent products in October.

Powered by mobile, the blockchain is an information system that is shared between many computers and sets a new standard for supply chain integrity and transparency for over 200 brands in food, drinks and lifestyle goods.

'Positive impact'


Jessi Baker, CEO, Provenance, said the company will use its funding to launch ‘a new standard for consumer trust in the food sector with its blockchain-backed software to bring transparency to over 1,000 food and drinks businesses by 2025’.

Our mission at Provenance is to improve the lives and well-being of the people behind consumer products by bringing trusted, accessible information to commerce,” said Baker.

This funding will help us develop our tools to meet the business need for more trustworthy supply chains whilst empowering shoppers to make a positive impact.”

The way the blockchain works is by gathering product information and tracking product journeys in a way that is secure, trustworthy and accessible.

With Provenance, every product can get a ‘digital passport’ enabling shoppers to trust the claims on a label, and discover where the product was made, by who and when.

It follows similar projects including the pre-launch of organic products with the Soil Association for Organic September and an international pilot tracking tuna throughout Southeast Asian supply chains.

Humanity United

Funding has been secured from Humanity United, (part of the Omidyar Group); Merian Ventures; Digital Currency Group (DCG), Plug and Play Tech Center, the Angel Academe, Reuters Venture Capital (RVC) and Board Observer of Yahoo and Infoseek.

“Legislation and consumer demand are driving an ever greater number of companies to ensure their supply chains represent their values,” said Dan Viederman, MD, Humanity United.

“Provenance technology helps make local and global supply chains transparent so that retailers, suppliers, farmers and workers can all benefit.”

In addition to a group of strategic investors, Provenance has assembled a board and advisory group of business leaders and sustainability champions including Brian Fitzpatrick, who helped sell to AOL, Gavin Starks, founding CEO of the Open Data Institute, and Lily Cole, British supermodel and founder of social businesses, including

With blockchain venture capital funding currently at $496m (£396m) globally, Provenance said it is excited be a 2017 UKBAA Angel Investment Awardee, to grow the technology for advancing supply chain transparency.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Related products

Related suppliers

Key Industry Events


Access all events listing

Our events, Shows & Conferences...

Promotional Features