Finboot Raises Funding Round

Finboot, a Cardiff, Wales, UK-based supply chain technology provider, closed the first close of its latest funding round.

The amount of the deal was not disclosed. This round was led by a strategic investor together with Wealth Club. 

The company intends to use the funds to accelerate the next phase of its growth strategy – with a particular focus on enabling companies and their net-zero transition through technology.

Led by Nish Kotecha, Executive Chair and Co-Founder, Finboot provides MARCO, which enables companies to incorporate blockchain within their value and supply chains, bringing traceability, transparency and compliance which, in turn, helps them meet sustainability and environmental, track carbon emissions and social and governance (ESG) requirements while also increasing operational efficiency.  

The company also has an office in Barcelona, Spain.

FinSMEs

11/03/2024