Blockchain/AI/IoT | October 30, 2017

Indian Angel Network backs TagBox cold-chain technology

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Breaks in the “cold chain” of storage and transport account for 20% of global food waste and the loss of vaccine potency worldwide.

Bangalore-based TagBox makes internet-connected monitoring and temperature-automation devices for cold transport and storage.

It raised an undisclosed seed round from the Indian Angel Network, which invests in healthcare, medtech, fintech, software, hardware, data, and artificial intelligence startups.

The Indian Angel Network is raising a $50 million fund to invest and co-invest in 160 Indian startups in the next four years.