Arianee in a €8 million funding round backed by ISAI fund, Bpifrance, Cygni Labs, and Noia Capital funds.

Arianee, a Paris, France-based developer of a software solution for digital certification of valuables, announced completing a €8 million ($9.5M) capital funding round.

The money was raised from investors including ISAI fund, the French Public Investment Bank (Bpifrance), Cygni Labs, and Noia Capital funds as well as a range of angel investors Thibaud Elziere, Jonathan Cherki, Jonathan Benhamou and Clément Buyse.

Arianee, founded in 2018 by Alexandre Cognard, Christian Jorge, Emmanuelle Collet, Frederic Montagnon, Julien Romanetto, Luc Jodet, and CEO Pierre Nicolas Hurstel, developed a protocol that it hopes to become a new standard for issuing encrypted digital passports on the blockchain, available in open source via a consortium under the French law of 1901 and open to all developers wishing to create new uses for brands.

The protocol is available via a SaaS platform which makes its technology directly accessible to brands wishing to integrate it. Brands can offer their customers a customized and personalized experience by developing their own user interface and producing digital passports in real time, directly from their IT infrastructure.