PANews reported on November 14 that according to Entrackr, Ennoventure, an AI-based blockchain encryption signature solution provider, announced the completion of a US$8.9 million Series A financing round led by Tanglin Venture Partners, with participation from Fenice Investment Group and other SAFE investors. The specific valuation information has not yet been disclosed.
It is reported that the Ennoventure platform uses technologies such as artificial intelligence and blockchain to track product packaging by scanning information through applications for product authentication and supply chain management. Its patented invisible signature technology has expanded to industries such as fast-moving consumer goods, automobiles and industrial parts.
