Photo - KODGAV
50758

KODGAV

Streamlining access to Africa’s food supply chain

United Kingdom
Market: Food industry, Blockchain
Stage of the project: Operating business

Date of last change: 09.12.2023
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Idea

KODGAV is a supply chain solution for companies in the food industry sourcing ingredients from Africa.

We use blockchain technology to help the food industry in Europe source directly from Africa without food fraud, commercial risk, and cross-border trade barriers.

We are progressing to the seed stage to grow our ARR to $1M. With over 100% YoY growth, we've sold over 600 tonnes of food ingredients to the British and French food industry.

Current Status

• Revenue-generating and profitable
• Booked $1.3m in sales in the first year of launch
• 100% YoY revenue growth
• Annual Market Share Growth of >400%
• Market share in the UK and France

Market

1. Food Manufacturers
2. Food Wholesalers
3. Retailers
4. Food Service Industry

Problem or Opportunity

The link to Africa's food supply chain is fragmented, inefficient, and not easily accessible to buyers in foreign markets.

Our ecosystem connects all key stakeholders across the supply chain under one roof, providing convenient access to buyers in foreign markets.

We leverage blockchain technology to reduce food fraud, commercial risk, and trade barriers for the food industry in foreign countries sourcing ingredients from Africa.

Solution (product or service)

Our ecosystem connects stakeholders across the supply chain, bridging the gap between foreign buyers and Africa’s supply chain.

Competitors

1. Traditional Offline Exporters
2. Online Digital Solutions

Advantages or differentiators

1. Blockchain
2. Niche focus
3. Plant-based
4. Tailored to the food industry

Money will be spent on

60% on growth
40% on operations

Offer for investor

Raising seed capital in exchange for 20% of the company

Team or Management

Photos

Photo 1 - Streamlining access to Africa’s food supply chain
Photo 2 - Streamlining access to Africa’s food supply chain
Photo 3 - Streamlining access to Africa’s food supply chain
Photo 4 - Streamlining access to Africa’s food supply chain
Photo 5 - Streamlining access to Africa’s food supply chain
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
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Lead investor
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Incubation/Acceleration programs accomplishment
Won the competition and other awards
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