According to TechFlow, Ennoventure, an AI-based blockchain encryption signature solution provider, announced the completion of a $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.
The Ennoventure platform uses technologies such as AI and blockchain to track product packaging through application scanning information for product authentication and supply chain management. Its patented invisible signature technology has been expanded to industries such as fast-moving consumer goods, automobiles, and industrial parts.