Ennoventure, a Cambridge, MA-based company providing AI-powered brand protection and authentication solutions, raised $8.9M in Series A funding.
The round was led by Tanglin Venture Partners, with participation from existing investors including Fenice Investment Group and additional SAFE investors.
The company intends to use the funds to enhance its product offerings and drive its mission to provide brand protection globally.
Led by CEO and Founder Padmakumar Nair, Ennoventure is a global SaaS company specializing in brand protection distinguished by its patented invisible signature powered by AI and cryptography. It empower brands and consumers by authenticating product packages and transforming them into intelligent, connected packaging. Its solutions integrate into product packaging without process changes or capital investment. Used by brands worldwide, billions of product packages carry its invisible signatures across industries, including automotive and industrial spare parts, FMCG, agrochemicals, and more.
Ennoventure has offices in Dubai and India.
FinSMEs
12/11/2024