Former Qantas chief information officer Jamila Gordon has attracted backing from the CSIRO's $240 million venture capital fund Main Sequence Ventures, to expand the operations of her start-up Lumachain, which is looking to use blockchain technology to make food production and manufacturing more transparent amid global efforts to eradicate slave labour.
The $3.5 million investment comes after the company was earlier accepted on to the start-up scale-up program of US tech giant Microsoft, and will be used to hire staff and begin plans to expand operations overseas.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
