
Authentication Industries
Develops, markets and distributes a 100% unbreakable printable security code.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €300k | Seed | |
Total Funding | 000k |
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Authentication Industries operated as a software provider based in Montpellier, France, specializing in solutions to combat fraud, counterfeiting, and document falsification. The company developed and marketed secure authentication and traceability technologies for a client base that included businesses, brands, and various institutions.
The firm's core offering was the patented AiCode®, a self-authenticating integrity code designed to be printed directly onto documents or products. This technology created a unique, copy-sensitive identifier from a combination of encrypted fixed, variable, and random data. A key feature of the AiCode® was its ability to be verified both online and offline using standard smartphones or flatbed scanners, providing a cost-effective and easily integrable security solution. The system was designed to be compatible with most existing printing processes. The AiCode linked the physical document to its informational content, materializing a digital signature into a printed mark to certify originality and protect against tampering.
The company's business model focused on providing a comprehensive system to protect against forgery and guarantee product origin. The technology aimed to serve the anti-counterfeiting market by offering a solution compliant with ISO 12931 performance criteria. According to PitchBook, the company participated in an accelerator program in September 2014 and secured angel funding in August 2014 and October 2016, followed by an equity crowdfunding round in February 2016. The company is now listed as out of business as of November 2017.
Keywords: AiCode, anti-counterfeiting, brand protection, document security, traceability, authentication solutions, fraud prevention, security printing, secure code, offline authentication, copy-sensitive, ISO 12931, document integrity, anti-tampering, product origin, verification technology, counterfeit protection, falsification, security software, secure documents