Finboot secures £300k for blockchain-powered supply chain traceability

Finboot Ltd has raised an estimated £300k to expand its MARCO platform, which uses blockchain technology to create digital traceability ecosystems for industrial corporations. The London-based company focuses on helping large-scale manufacturing firms integrate transparency into their supply chains to meet ESG and sustainability requirements.

Founded in 2016, the firm addresses the challenge of tracking carbon emissions and maintaining compliance across complex value chains. Its technology facilitates the creation of digital product passports and manages sustainability credits for sectors including mining, steel, and automotive. Finboot also maintains a base in Barcelona and a headquarters in Cardiff.

The latest funding follows a series of raises in 2024, including a £411.1k round in March and a £1m injection in January. Earlier significant capital includes a £2.4m round completed in February 2021. While the company reported four employees in its accounts for the year ended 31 December 2024, its LinkedIn profile currently lists a headcount of 19.

Existing backers of the business include chemical manufacturing company SABIC and energy firm Repsol. The software specifically targets regulatory frameworks such as the EU Deforestation Regulation and assists with greenhouse gas emission tracking (allotment filed in June 2026).