PemPem

📍 Montréal, Canada🗓 Founded 2019👥 58 employees💰 Last funded May 2024
Believe it or not, but ~60% of the global food calories are produced by ~500 million farmers who own plots of land not much bigger than 2 hectares and trade through a dynamic network of non-transparent traders. These farmers are known as smallholder farmers. The supply chain from the farm to the factory still largely depends on word-of-mouth information, using either personal memory or pen & paper as only records. This leads to lost revenues and a lack of traceability, which in turn contributes significantly to illegal deforestation, for example. At PemPem, we build a mobile-based trading platform with embedded financing for smallholder farmers producing commodities for the world. Our platform is like a digital exchange, with integrated logistics and financing, as well as 100% traceability from farm to factory. We have offices in Montréal and Indonesia, and our trading platform is currently focused on palm oil in Indonesia.
2
Total investors
1
Early stage
1
Mid stage
0
Late stage
2019
Founded
Investor geography1 country
Canada
2
Frequently asked questions
Who invested in PemPem?
PemPem has 2 investors on record on gritt.io, including 1 early-stage backers, 1 mid-stage.
When did PemPem last raise funding?
The most recent investment in PemPem recorded on gritt.io was in May 2024.
When was PemPem founded?
PemPem was founded in 2019.
What industry is PemPem in?
PemPem operates in IT Services and IT Consulting. Find similar IT Services and IT Consulting investors on gritt.io.
Where is PemPem based?
PemPem is headquartered in Montréal, Canada.