Efides has demonstrated significant traction recently:
- **Product Progress**: The development of Efides 1.0 is on track for release in Q1 2025.
- **Customer Pipeline**: A strong pipeline of over CHF 200k was developed over recent weeks. Sales pipeline with 40+ banks and trading companies.
- **Pilots**: Three pilot projects are actively running.
- **Negotiations**: In progress with 2 banks, 1 large trader, and 1 insurance company.
- **ESG Impact**: A mission focused on improving food security and reducing food waste.
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