Verofax Ltd Press Release


Verofax and NetGreen Announce Strategic Alliance to Accelerate Global Reforestation Efforts
Aug 09, 2024 15:00 JST
In a landmark initiative to combat climate change, Verofax, a leader in blockchain traceability and AI technologies, has partnered with climate tech startup NetGreen to activate retail channels to lead the change in re-greening our planet with trust and transparency.
More info..

Verofax facilitates Egyptian EU Exports with CBAM Compliance and Lifecycle Assessment Solutions
Feb 15, 2024 20:00 JST
The Egyptian Businessmen's Association (EBA) convened a symposium on February 9, chaired by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association's Industry and Scientific Research Committee, to address the challenges and opportunities presented by the Carbon Border Adjustment Mechanism (CBAM), a law governing manufacturing standards for Egyptian exporters.
More info..

Verofax is among the Top UAE Future100 to Positively Impact the Nation's Future Economy!
Dec 14, 2023 22:00 JST

Verofax is selected by PwC Middle East among Top Future50 climatech start-up
Nov 22, 2023 22:00 JST
Verofax a compliance and commerce SaaS solution provider has been selected among the top Future50 climate tech start-ups by PwC Middle East to help enterprises' accelerate on their path to Net Zero.
More info..

Verofax Wins at Emirates Global Aluminum Ramp-Up Programme 2023
Nov 02, 2023 10:00 JST
Verofax, an award-winning product validation and traceability solution provider, is thrilled to announce its selection as one of the top three winners of the Emirates Global Aluminum (EGA) Ramp-Up Programme.
More info..

Verofax wins GITEX Supernova Web3 & Blockchain Award 2023
Nov 01, 2023 00:30 JST
Verofax, an innovator in Brand & Retail solutions, was selected among 521 startups globally as the best solution offering for Web3 & Blockchain, at the GITEX 2023 Expo, Supernova Challenge in Dubai.
More info..

BANTgo and Verofax Team Up to Revolutionize E-waste Collection Through Tokenized Rewards
Oct 24, 2023 16:50 JST
In an ambitious stride towards environmental sustainability, BANTgo and Verofax have announced a pioneering collaboration to enhance e-waste collection.
More info..

AWS Approves And Lists Verofax Martech Solution For Brands & Retail On Global Marketplace
Aug 24, 2023 16:00 JST
Verofax, an award-winning Brand & Retail Martech service provider, achieved Full Technical Review (FTR) approval on Amazon Web Services (AWS) marketplace. Verofax services are now available for direct acquisition by retail and for global brands, leveraging the unparalleled capabilities of AWS.
More info..

Verofax to raise US$750,000 on Beban Crowdfunding Platform
Mar 05, 2023 17:00 JST
Verofax, the leader in brand marketing and AI-powered solutions for enterprise, has featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV as well as on Shahid, the region's largest video-on-demand platform.
More info..

Verofax Wins Artificial Intelligence Award at LEAP23
Feb 17, 2023 00:40 JST
Verofax, the leading MarTech solution for marketing and operational efficiencies, was crowned the winner of the prestigious Artificial Intelligence Award at the Rocket Fuel Startup Competition during the LEAP event in Riyadh.
More info..

Verofax partners Twin Science and LikeToBe to Sponsor Antarctic Research on Sustainability
Jan 31, 2022 22:00 JST
Verofax, a Smart serialization and traceability solution provider, has joined forces with children's STEM app Twin Science & Robotics, in sponsoring a scientific expedition to Antarctica to research the effects of microplastics on life, the environment and the melting of ice caps.
More info..

MoU Between Verofax Asia and Distichain to Enable Empowered Digital Global Trade
Jan 21, 2022 14:00 JST
An MoU was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr.Haisam Jamal, CEO of Distichain. The event took place in the Address Hotel Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.
More info..

Verofax secures $1.5M in pre-Series A to expand its Traceability as a Service Offering
Jan 03, 2022 17:00 JST
Verofax Limited, an Asset Digitization and Traceability solutions provider, today announced the closing of a $1.5M pre-Series A round with international investors, led by Benson Oak Ventures and Wami Capital with 500 Startups and Vernalis Capital completing the group.
More info..

Blockchain-based Memorial Platform Enables Users to Preserve Cherished Memories
Nov 07, 2021 15:00 JST
Stonses, a Dubai-based startup, has launched a blockchain-powered platform which allows for preserving the memories of our loved ones in a digital format. Stonses' platform, which enables users to create unique digital identities with real-world objects, is based on Verofax' blockchain-powered asset management and NFT platform.
More info..

Tracer and Verofax usher Food Traceability and Sustainability to UAE with Blockchain-based Management Platform
Nov 07, 2021 15:00 JST
Tracer Tech, headquartered in Sharjah Research Technology and Innovation Park (SRTIP), UAE, is set to launch its new food safety and traceability application, powered by leading asset management provider Verofax.
More info..

Blockchain-based Memorial Platform will Enable Users to Preserve Memories of Loved Ones
Oct 26, 2021 05:45 JST
Stonses, a Dubai-based startup has launched a blockchain-powered platform that will enable users to preserve the memories of their loved ones in a digital format. Stonses' platform, which enables its users to create unique digital identities of real-world objects, is based on Verofax's blockchain-powered asset management and NFT platform.
More info..

Verofax Secures $1.2M Seed Round for Automation and Traceability Platform
Mar 09, 2021 21:00 JST
Verofax Limited, an automation and traceability platform, has secured $1.2M in a Seed funding round, led by Trove Capital UK. Other investors included MFD Holding, Kepler Fund Managers, and Casablanca Holding.
More info..

Verofax is the Winner of Bahrain Islamic Bank's 'BisB Innovation Challenge'
Jan 25, 2021 11:50 JST
Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the 'BisB Innovation Challenge', a Fintech Competition run as part of its partnership with 'FinHub 973: CBB (Central Bank of Bahrain) Digital Lab', the Kingdom's open application programming interface (API) innovation platform.
More info..

Verofax Asia and AURI to launch Sustainable Traceability App powered by AntChain
Dec 10, 2020 18:50 JST
Verofax Asia and AURI, a lifestyle brand with headquarters in Kuala Lumpur, announced an MOU to jointly launch an Asset Digitization and Traceability App for sustainable product passporting, to be adopted by suppliers of fashion and lifestyle products in the industry from Q1 2021.
More info..

Privity FZ LLE participates in Verofax pre-seed investment round
Jul 06, 2020 15:30 JST
Verofax Limited, a start-up building innovative Traceability services with the application of blockchain, closed its recent pre-seed investment round with participation from Privity FZ LLE, based in the UAE, acquiring an equity stake.
More info..

Privity FZ LLE participates in Verofax pre-seed investment round
Jul 06, 2020 10:40 JST
Verofax, a start-up building innovative Traceability services with the application of blockchain, closed its recent pre-seed investment round with participation from Privity FZ LLE.
More info..

Latest Release


More Latest Release >>