Yes It Is raises 2 million euros to track objects

by bold-lichterman

The amount

The Clermont-Ferrand start-up Yes It Is, specializing in the traceability and identification of objects, has completed a round of funding of 2 million euros with the Jeremie Innovation 2 fund, endowed with 14 million euros to finance SMEs in the Auvergne-Rhône-Alpes region , and the Capara 3 fund, endowed with 10 million euros and managed by Sofimac Régions. Crédit Agricole Center France and Bpifrance also participated in the transaction.Apple-converted-space “>

Once the objects are connected, a data platform makes it possible to store and manage the content and services associated with each unique product identifier, which provides the information necessary to know whether a product is genuine or whether it is a product. ‘a counterfeit. This technology aims to resolve authentication, traceability and security issues in various sectors, in particular health, food, music, aeronautics and even defense. “We have decided to develop tailor-made solutions, with high added value, for the traceability, fraud and identification markets, through a value chain that goes from the physical customization of chips to the applications with which they interact», Explains Emmanuel Ranc, co-founder of the Auvergne company. And to add: “It is thanks to this approach that we have won two awards at CES in Las Vegas two years in a row for co-innovated achievements with clients in energy and music.