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§ Private Profile · Cambridge, MA, USA
AI-powered SaaS for real-time product authentication using invisible cryptographic signatures in FMCG, automotive, and industrial parts.
Founded in 2018 by Padmakumar Nair and Shalini Nair, Cambridge, Massachusetts-based Ennoventure develops software as a service solutions applying invisible cryptographic signatures to products for immediate authentication and counterfeiting prevention. The platform leverages artificial intelligence, cryptography, blockchain, and geofencing technologies to protect major global brands across the fast-moving consumer goods, automotive, and industrial spare parts sectors. The software provider serves recognizable corporate clients including Nestle, Reckitt, and Denso, operating with a dedicated global workforce of 27 employees and generating approximately $5,300,000 in annual revenue. Ennoventure has secured $13,900,000 in total venture capital funding, highlighted by a recent $8,900,000 Series A round led by Tanglin Venture Partners alongside Fenice Investment Group. Following this latest investment, the technology company plans to strategically expand its commercial operations throughout the United States, United Arab Emirates, and India markets.
Ennoventure has raised $8.9M across 1 funding round.
Ennoventure has raised $8.9M in total across 1 funding round.
Ennoventure has raised $8.9M across 1 funding round. Most recently, it raised $8.9M Series A in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 12, 2024 | $8.9M Series A | Tanglin Venture Partners | — | Announced |
Ennoventure has raised $8.9M in total across 1 funding round.
Ennoventure's investors include Tanglin Venture Partners.