Konvoy, a keg tracking and keg pooling solution, is commissioning an Internet of Things (IoT)-tracked keg fleet on the back of a $13m capital raise.
It has signed its first wave of European customers to implement its keg tracking platform, Konvoy Cloud, via its IoT keg tracking device, Katch.
“This customer acceleration demonstrates the benefits of the Katch cellular tracking device, which, coupled with our cloud platform, reduces keg and cask losses, improves asset turns, and creates real time visibility of the key conditions affecting beer quality through the supply chain,” said Konvoy managing director Adam Trippe-Smith.
“There is increasing interest from both small and large European brewers who want to utilise our technology to reduce capital expenditure, unlock under-deployed kegs, understand on-premise data, and reduce labour costs through eliminating manually intensive barcode scanning and outdated tracking measures.
“European interest in Konvoy’s supply chain IoT technology is particularly strong as its cloud platform can also help beverage producers measure their Scope 3 footprint… carbon emissions created by suppliers and customers up and down the supply chain.”
Konvoy’s own 130,000 keg tracking devices have reported important supply chain location, temperature, and motion data more than 150 million times from 20 countries.
