BlockBeats News, November 14th. According to Entrackr, AI-based blockchain encryption signature solution provider Ennoventure announced the completion of an $8.9 million Series A financing round. The round was led by Tanglin Venture Partners with participation from Fenice Investment Group, and specific valuation information has not been disclosed.
The Ennoventure platform utilizes technologies such as artificial intelligence and blockchain to track product packaging through application-scanned information for product authentication and supply chain management. Its patented invisible signature technology has expanded into industries such as fast-moving consumer goods, automotive, and industrial components.