BMW: invests $10m in Alitheon
(CercleFinance.com) - BMW i Ventures has announced its investment in a 10 million dollar Series A round of financing for Alitheon, an optical artificial intelligence technology company.
The company's FeaturePrint technology quickly and easily scans physical objects for irrefutable identification, authentication and tracking.
BMW i Ventures has already invested in the company's first round of funding and is co-leading this round alongside Imagine Ventures, a Seattle-based venture capital firm.
Counterfeiting is a 2.3 trillion dollar annual problem that is continuing to grow worldwide.
Alitheon's patented FeaturePrint technology creates for items what fingerprints are for people - a unique identifier that requires no modification of the item.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
The company's FeaturePrint technology quickly and easily scans physical objects for irrefutable identification, authentication and tracking.
BMW i Ventures has already invested in the company's first round of funding and is co-leading this round alongside Imagine Ventures, a Seattle-based venture capital firm.
Counterfeiting is a 2.3 trillion dollar annual problem that is continuing to grow worldwide.
Alitheon's patented FeaturePrint technology creates for items what fingerprints are for people - a unique identifier that requires no modification of the item.
Copyright (c) 2022 CercleFinance.com. All rights reserved.