# Temco Labs Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/temco-labs-pte

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.temco.io
- Latest round: Seed (Jun 1, 2019)
- Investors on record: 1

## About

Temco Labs Pte. Ltd. is a company specializing in supply chain management solutions that leverages blockchain technology to improve transparency and operational efficiency across various industries.Founded in 2018 and headquartered in Seoul, South Korea, Temco Labs Pte. Ltd. provides innovative supply chain management solutions using the Bitcoin network and RSK technology. The company has successfully completed 11 deals, with its most recent funding round occurring on June 1, 2019, when it raised Seed funding from the investor BLOCORE. CEO Terry Kumira leads the company, which has not publicly disclosed its parent or subsidiary relationships.TEMCO offers a pioneering supply chain management solution that leverages the Bitcoin network and RSK (Rootstock) technology to enhance transparency and efficiency in the logistics industry. Their core product enables users to track products across the supply chain in real-time, significantly improving traceability, reducing fraud, and optimizing inventory management. The platform serves a diverse clientele, including manufacturers, wholesalers, and retailers, who seek to streamline operations and enhance product verification. Key use cases involve monitoring food safety, ensuring authenticity in luxury goods, and tracking raw materials in various industries. TEMCO primarily operates in global markets, with a focus on regions such as Southeast Asia, North America, and Europe, where demand for blockchain-integrated supply chain solutions is rapidly growing.TEMCO generates revenue through a subscription-based model, where clients pay for access to their supply chain management platform. The transaction structure involves B2B engagements with businesses subscribing to tiers of service that include advanced analytics, product tracking, and integration support. Clients can opt for different subscription plans based on the scale of their operations and specific functionalities required, providing them with flexibility. Furthermore, TEMCO partners with retailers and wholesalers to facilitate bulk transactions, enabling seamless integration into existing supply chain processes. This streamlined approach enhances transactional efficiency and fosters long-term relationships with clients, promoting consistent revenue growth through recurring subscriptions and partnership agreements.To support future growth, Temco Labs Pte. Ltd. plans to expand its product offerings by designing new features aimed at enhancing user experience and operational efficiency. The company is also targeting expansion into additional markets across Southeast Asia, North America, and Europe by the end of 2022. The Seed funding raised on June 1, 2019, from BLOCORE will be utilized to finance these initiatives and facilitate the launch of innovative services that cater to the evolving needs of their clientele.

## Funding rounds

- Seed, Jun 1, 2019 — Blocore

## Investors

- Blocore (https://capitalatlas.ai/funds/blocore) — Seed