Finboot secures £700k to expand blockchain sustainability platform

An estimated £700k has been raised by Finboot Ltd, a London-based developer of blockchain-based green supply-chain management solutions. Operating in the business and domestic software development sector, the company provides a platform for large capital-intensive manufacturers to trace carbon emissions and generate sustainability credits.

Targeting heavy-industry sectors such as chemicals, automotive, and oil and energy, the technology automates the creation of digital product passports. These tools are designed to facilitate compliance with regulations like the EUDR and manage mass balance or chain of custody requirements. The system aims to minimize risk for industrial clients through the use of immutable data.

Incorporated in 2016, the business reported four employees in its accounts for the year ended 31 December 2024. However, its LinkedIn profile indicates a current headcount of 18 staff members. This capital injection represents the total funding raised by the company during 2026.

The company maintains a base in Barcelona and an office in Cardiff. Previous backing for the firm has come from corporate investors SABIC and Repsol. Documentation for this recent allotment and filing was completed in June.