Smart Containers raises over USD15 million

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24.08.2018
Skycell Container

The Zug startup aims to create the first fully autonomous container based on blockchain technology for temperature sensitive logistics. The startup closed its ICO with a total amount of USD 15.42M.

The funds were raised through the entire ICO process, which includes a private sale, pre-sale, and public sale. The funds will be used to continue scaling the company in both B2B and B2C. The company will now distribute its "SMARC" tokens to the team members, advisors and bounty participants. The company will retain the rest of the tokens as a reserve.

Blockchain-based software and an IoT infrastructure is the core of Smart Containers Group strong technological ground, enabling to track and monitor each container around the world. Smart Containers comprises of two divisions: SkyCell and FoodGuardians

The combination of hardware, software and service enables Smart Containers Group to assertively position its division company SkyCell among the top providers of pharma containers in the industry. Through the FoodGuardians division, the next generation of reusable containers and boxes to transport temperature sensitive food products will be offered regionally and globally, preserving the product’s freshness and traceability.

Using blockchain as transformative technology in logistics, Smart Containers Group in addition plans to create the “LOGI CHAIN”, a fully integrated, seamless logistic ecosystem that will be accessible to all industry players at minimal cost.

(RAN)

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