SINGAPORE, 11 AUGUST 2022 – Singapore’s ProfilePrint, a pioneering solutions provider to grade food ingredients using A.I. technology, has added U.S.-based Cargill (one of the world’s leading global food suppliers), to its panel of strategic shareholders through its Series A funding round. To date, the other strategic shareholders are Louis Dreyfus Company (Netherland-headquartered world leading merchant and processor of agricultural goods operating in 100 countries), Olam International (Singapore-headquartered major food and agribusiness company operating in 60 countries), Sucafina (Switzerland-headquartered multinational coffee merchant operating in 32 countries) and Sinar Mas (one of Indonesia’s conglomerates that operates in seven business areas including food and agribusiness), as well as institutional venture capital funds. Together they will accelerate the company’s vision of establishing a common digital standard based on its patented food fingerprinting technology. Cargill’s investment signals confidence in the Singapore-based deep-tech start-up, with its solution deployed in over 26 cities globally across five continents (North America, Latin America, Africa, Europe and Asia).

ProfilePrint is an A.I.-driven predictive and prescriptive profiler, providing users with accessible, affordable, and portable solutions to ascertain and predict quality and profile of a food ingredient at the point of use, within seconds. Today, an enormous amount of resources are required to physically grade food samples across multiple stages of the global supply chain. ProfilePrint’s solution redefines transaction standards, and offers sellers and buyers an unbiased reference point, expediting existing quality assessment processes – from the farm all the way to end-buyers.