Zurich, Switzerland
Modum, founded in 2016 and headquartered in Switzerland, operates at the intersection of Blockchain and IoT to enhance data integrity for supply chain operations. Tailored primarily for the pharma industry, Modum's solution enables comprehensive environmental monitoring across high-volume shipments, ensuring compliance with Good Distribution Practice (GDP) regulations effectively and economically.
The company's current partnerships, including collaborations with Swiss Post and SAP, bolster its market credibility. Modum empowers users through a web application that facilitates user-friendly deviation management, offering immediate alerts for temperature and motion deviations while integrating smoothly with existing management systems like SAP.
In its latest investment round on 02 September 2017, Modum raised $13.20M via an Initial Coin Offering, with backing from investor Andreas Schwartz. Modum's focus on creating "Trusted Digital Ecosystems for Sensitive Goods" aligns with the growing need for secure, transparent supply chain solutions in the Life Sciences industry.
