“We are developing a state-of-the-art DLT, one that overcomes some of the significant environmental issues associated with other technologies. Our focus on Cost, Performance, Scale and Interoperability means outstanding technology and significant R&I investment. The grant funding is transformational. It means we can recruit and maintain an internal tech-team to deliver our technology road-map and our multi-partner project to achieve transparency in the global shipping supply chain.”
Martyn Walker // Founder // Agility Sciences
Introduction – Understanding the Challenges
Martyn Walker (Agility Sciences Founder) met with Alex Chalkley (now Venturenomix Director) in the DLT firms head office in London to discuss non-dilutive funding options. Active Ledger (the pioneering DLT developed by Agility Sciences) was on the brink of resolving some significant technical issues that would enable a valuable impact project in global shipping supply chain management.
Working Together – Solution and Services
Agility Sciences had already established academic and industrial partnerships that stood ready to initiate multiple projects underpinned by Active Ledger (DLT). The final piece of the jigsaw was the non-dilutive funding needed to enable the ventures to proceed.
Research & Innovation Grant Funding was identified and secured from the UK Government (Innovate UK) in a 5 month timeframe. Funding strategy and bid writing was managed by Alex Chalkley (now Venturenomix) with technical and project input from Martyn Walker (Agility
Founder). The first venture will bring significant benefits to the global shipping supply chain through application of DLT.
Find out More
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• Here are the links to the companies in this case study:
o Agility Sciences
• Here are some useful links to relevant sectors explored in this case study:
o Link to GitHub where you can find the Active Ledger DLT for developers
o DLT and Climate Impact Report
o UN Global Compact page on Supply Chain Sustainability
• Here is an overview of the UN Sustainable Development Goals