The blockchain-based e-commerce company Autify has completed a $1.5 million Pre-seed funding round, led by Loop Ventures

Chain Catcher News, a blockchain-based e-commerce company Autify, announced the completion of a $1.5 million Pre-seed funding round, led by Loop Ventures, with details of other investors not yet disclosed.

It is reported that Autify was founded in 2021 and primarily provides blockchain-based products and services for the e-commerce industry, such as decentralized insurance, decentralized rewards or loyalty programs, cross-border payments, and DeFi. The company will use the new funds to hire blockchain, AI, and computer vision engineers and release a beta product, aiming to bring greater transparency to the e-commerce and supply chain sectors. (Source link)