GENEVA, SWITZERLAND, February 17, 2022 — Sucafina, a leading sustainable Farm to Roaster coffee company, is pleased to announce this week the first transaction from its new agribusiness investment division, launched in November 2021. In partnership with privately held investment firm LemanVentures, Sucafina has invested in ProfilePrint, a patented food ingredient A.I. fingerprint platform.
Nicolas A. Tamari, CEO of Sucafina, commented: “We are excited to announce that Sucafina has completed a pilot with ProfilePrint with positive results in Rwanda and Hong Kong, and we are honored to have the opportunity to play a part in ProfilePrint’s mission to redefine the coffee industry, which benefits both the producers and the end consumers. Investing in ProfilePrint is a major step toward achieving our vision of having a fully traceable coffee supply chain and of being the leading sustainable Farm to Roaster coffee company in the world.”
ProfilePrint is a food ingredient search engine platform powered by a patented A.I. fingerprint technology, rapidly predicting the quality and profile of a food sample within seconds. The A.I. fingerprint prediction technology was first unveiled in June 2021 at the Singapore Coffee Association auction, and this week, ProfilePrint announced the closing of its Series A funding round at a valuation over three times its pre-series A round last year.
For more information, read ProfilePrint’s press release in this regard.