ProfilePrint, a Singapore-based artificial intelligence agrifood company, closed its Series B funding.
The round was led by Tai Partners with participation from four of its existing shareholders.
The company intends to use the funds to accelerate its continued expansion serving global clients including the West and China, to enhance processes within the agrifood sector through artificial intelligence.
Led by Alan Lai, Founder and CEO, ProfilePrint is an AI-driven ingredient quality platform empowered by a patented digital food identity-as-a-service (IDaaS) technology. It synthesises complex molecular data of ingredient samples into digital fingerprints, rapidly predicting its identity and quality, helping agribusinesses to buy and sell better. ProfilePrint serves clients in verticals such as coffee, cocoa, tea, juices and edible oils, and will be launching its latest flagship feature, Verify, an addition to its platform designed to serve different verticals. This tool enables clients to send digitalised sample reports through the ProfilePrint Platform. This feature facilitates instant viewing and approval of sample quality, eliminating the cumbersome process of sending physical pre-shipment samples for evaluation.
The platform is presently deployed in nearly 50 locations, across 6 continents globally.
FinSMEs
14/12/2023