Finboot Raises £2.5M to Bring Industrial Blockchain Process Management to Enterprise Supply Chains

Finboot, a Cardiff-based enterprise software company, has raised £2.5 million from SABIC Ventures and Wealth Club to develop and scale its blockchain-based process management platform for industrial and enterprise clients. The company's technology helps large organisations manage complex processes, workflows, and data flows with the immutability, traceability, and auditability that distributed ledger technology enables — particularly in supply chain, sustainability reporting, and industrial quality management contexts where data integrity is not just operationally valuable but often legally or contractually required.

Finboot was founded with the recognition that blockchain technology's most durable enterprise value proposition is not financial settlement or tokenisation, but the creation of a tamper-evident, shared record of process and data that multiple parties can trust without relying on a single custodian. This matters enormously in supply chains, where goods, materials, and certifications pass through multiple organisations across geographic borders, and where the provenance of a material — its origin, its processing history, its ESG credentials — may be material to a customer's purchasing decision, a regulator's compliance review, or an insurer's risk assessment. The ability to prove, not merely assert, the history of a product or process is a fundamentally different capability from what conventional databases provide.

The SABIC Ventures backing is particularly significant: SABIC is one of the world's largest petrochemicals and materials companies, and its investment in Finboot reflects industrial recognition that blockchain-based supply chain traceability has real commercial and operational value in complex manufacturing environments. Finboot's MARCO platform allows clients to digitise and automate their supply chain management processes, creating verifiable data trails that can be audited by clients, regulators, and sustainability frameworks. The company has applied its platform to use cases including circular economy tracking, sustainability assurance for industrial materials, and digital documentation management in sectors where data integrity is a primary concern.

The funding from Wealth Club, a UK investment platform, alongside SABIC provides Finboot with the capital to expand its engineering team, deepen integrations with enterprise ERP and supply chain management systems, and grow its client base beyond its initial industrial focus into adjacent markets including food and beverage, pharmaceuticals, and financial services. Finboot is headquartered in Cardiff but operates across European industrial markets.

Sources

• Finboot — company website
• Crunchbase — Finboot company profile