Kedeon

Market position

Kedeon is an early-stage European IoT startup addressing food cold-chain transparency, positioned around grocery and last-mile delivery monitoring. It was listed by EU-Startups among promising Riga-based startups to watch in 2021 and was selected into the BlockStart programme, progressing through its ideation, prototype and pilot stages.

Kedeon's stated differentiators are immutable, blockchain-recorded sensor data that supports verifiability and liability attribution after a temperature breach, hardware that can be adopted with minimal operational change or courier training, and a consumer-facing transparency layer that lets delivery services show end customers the conditions under which their groceries travelled.

Technology

Purpose-built IoT sensor modules paired with a cloud platform. The BlockStart-stage prototype comprised battery-powered temperature sensor units with capacity for additional sensors, LTE-M/NB-IoT cellular connectivity, and on-device seed generation enabling immutable data recording, with smart contracts deployed on an Ethereum testnet. Software components include a Web3.js-based dashboard, a courier mobile app and a prototype end-consumer verification platform.

Go-to-market

Direct B2B outreach and pilot-led sales: the company ran pilots with Latvian SMEs, contacted more than 35 SMEs during the BlockStart programme and began onboarding five of them, while holding discussions with food producers, processors, logistics companies and large retailers in Latvia and abroad. Accelerator and programme participation (BlockStart, Overkill) supported sales strategy development and customer segment definition.

Grocery delivery services and last-mile logistics providers, food producers and processors, food wholesalers (including fresh fish and meat producers), logistics companies and large retailers; pilots involved Latvian SMEs handling B2B food deliveries and B2C grocery deliveries.

Geography

Headquartered in Riga, Latvia, with a London, UK address also listed in one startup directory. Commercial activity described in the sources centres on Latvia — including pilots with five Latvian SMEs and outreach to more than 35 Latvian SMEs — with stated intentions to expand to other European countries and talks with both Latvian and foreign enterprises.

History

The company was established in 2019 and is associated with Riga, Latvia; directory listings also record a London, UK base and a total funding range of €100K–€500K. Aleksandrs Levinskis joined as Head of Engineering after the Future of Food hackathon. In 2021 Kedeon took part in the EU BlockStart programme, progressing through ideation, prototype and pilot stages, during which it built its blockchain-enabled last-mile monitoring prototype, contacted more than 35 Latvian SMEs, onboarded five of them as pilot adopters, and received €20,000 in total programme funding. In July 2021 it was included in an EU-Startups list of promising Riga-based startups. Kedeon also participated in the Overkill investment programme, which it credits with helping shape its sales strategy, target customer definition and product-market fit validation.