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OpenSC

OpenSC is an impact venture that uses advanced technology to enable more sustainable, ethical, and profitable supply chains.

Backed by

Working Capital FundWorking Capital Fund
Christian WengerChristian Wenger

Raised 4M SEED on September 16, 2019

About

OpenSC builds a digital supply‑chain platform that traces high‑risk commodities (seafood, timber, palm oil) via IoT, blockchain, and ML to verify sustainability claims and share product information.

Mission

OpenSC is an impact venture co‑founded by WWF‑Australia and BCG Digital Ventures that builds a digital platform to verify sustainability and ethical claims, trace products using IoT and blockchain, and share product information with consumers. The platform applies data science and machine learning to validate claims and improve supply‑chain transparency. OpenSC is focusing on commodities with high environmental and human‑rights risks such as seafood, timber, and palm oil. It has completed an international pilot with Austral Fisheries tracking Glacier 51 Patagonian Toothfish and is collaborating with Nestlé to trace milk (and later palm oil) from source to consumers. The venture was launched publicly at the World Economic Forum in Davos and is the first impact venture spun out of WWF’s Panda Labs. The announced seed funding will support further development and scaling of the OpenSC platform.

Quick Facts

Founded

2019

Funding

SEED

Industry

Information Technology

Team Size

11-50

Headquarters

Sydney, New South Wales, Australia