Meridia
Matrix SIX, Science Park 408, Amsterdam, Noord-Holland, 1098 XH, The Netherlands
Overview
Meridia, founded in 2015 and based in Amsterdam, develops tools for complex smallholder-heavy agri-commodity supply chains. Its flagship product, Verify, is a data verification platform accessible via a SaaS portal and API that identifies and rectifies erroneous, fraudulent, and non-compliant field data in real time. Verify supports procurement, sourcing, trade, and sustainability teams by improving evidence-based decision-making and helping companies comply with regulations such as the EU Deforestation Regulation and industry standards from the European Cocoa Association and European Coffee Federation. The platform leverages earth observation and verified datasets and is currently operational in 35 origin countries across commodities including cocoa, coffee, palm oil, soy, and rubber. Meridia partners with ICE Benchmark Administration through the ICE Commodity Traceability (ICE CoT) service and plans to extend Verify’s application to new commodities and sectors. The company completed a €5.2M Series A to accelerate expansion of Verify; the new portal enters beta for existing customers on July 1, 2024 with a full commercial launch scheduled for September 2024. Landmapp, established in 2015 by Simon Ulvund and Thomas Vaassen, offers a mobile platform that provides smallholder farmer families with documentation of their land. The company operates a field-based team of surveyors who use handheld GPS devices to map each farmer’s plot, verify the farmer’s identity, validate land claims with neighbours, submit claims to authorities for legalization, and deliver a final land certificate. Landmapp has sold more than 2,000 documents to smallholder cocoa farmers in Ghana. It received an investment of undisclosed amount from Omidyar Network alongside existing investor HERi Africa. The company intends to use the funds to grow its customer base in Ghana and to expand into other countries following this rollout. The article does not disclose revenue or other financial metrics beyond the investment.
- Total raised
- $6M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Apr 2024
Industries
- Communities
- Financial Services
- Legal
Recent funding
Series A
Apr 2024
$6M