Meridia, an AgTech company focused on bringing clarity to complex agri-commodity supply chains, has raised $5.6M in Series A funding. The capital infusion comes as companies grapple with verifying field data and ensuring compliance with frameworks like the EU Deforestation Regulation (EUDR).
The firm's flagship SaaS product, Meridia Verify®, provides real-time verification of supply chain field data, crucial for sectors like cocoa, coffee, and palm oil. This technology helps businesses reduce commercial and reputational risk, accelerating evidence-based decision-making for strategic sourcing and trade.
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