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SmartLoC provides trade payment, shipment monitoring, and supply chain management tools.
SmartLoC provides a platform for trade contracts and payments, shipment monitoring, and supply chain intelligence. Its IoT-enabled tracking can monitor shipment conditions including temperature, humidity, door openings, and vibration. Founded in 2021 by Britta Balden, Thomas Kuhlke, and Alessandro Vaglini, the company is based in Bad Oldesloe, Germany. In June 2024, it raised EUR 1.8 million in seed funding led by High-Tech Gründerfonds, with participation from Loggerhead Ventures and MBG Mittelständische Beteiligungsgesellschaft Schleswig-Holstein mbH.
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