French investment bank leads round of financing of Arianee blockchain project for $ 9.5 million

Arianee blockchain project, which develops technology to authenticate luxury products, raised $ 9.5 million. French national investment bank led the seed round of financing Bpifrance…

We’re excited to announce our funding of € 8 million with the contribution of leading French investors in the tech and blockchain industries!
This funding confirms the vision and relevance of Arianee’s model. #blockchain #frenchtech

– Arianee (@ArianeeProject) March 11, 2021

The round was also attended by ISAI, Cygni Labs, Noia Capital and a group of French tech entrepreneurs. The project will spend the funds raised on creatingSaaS-tools.

According to Arianee co-founder Luc Jodet, all investors will have access to the ARIA20 token in addition to equity.

According to a press release, Arianee is using proprietary technology to authenticate high-value items, such as blockchain watermarks, digital passports and non-fungible tokens (NFT).

As a reminder, Curio’s NFT marketplace raised $ 1.2 million in seed funding in March in a round led by Future Perfect Ventures.

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