Texas-based GrainChain has raised

 

Texas-based GrainChain has raised a $29M funding round to provide blockchain-based supply chain tracking for agriculture.  The company operates in the U.S., Mexico, Brazil, and Central America. GrainChain is a technology company that provides a suite of products that helps facilitate transactions and financing to agricultural players by digitizing the supply chain and reducing counterparty risk. The company was backed by Overstock, Pelion Venture Partners, Brigham Young University, etc. It aims to use the funding round to accelerate its growth in the U.S. and Latin America. Since its inception in 2013, the company has raised $39M. GrainChain is based in McAllen, Texas.