Zamna Raises $5M in Seed Funding

ZamnaZamna (formerly known as VChain Technology), a London, UK-based provider of software that instantly verifies passenger data to reduce the need for manual document checks in airports, raised $5M in seed funding.

The round was led by LocalGlobe and Oxford Capital with participation from Seedcamp and International Airlines Group, the London Co-Investment Fund (LCIF), Telefonica, and a number of influential angel investors.

The company intends to use the funds to enhance its solutions, which are already being deployed by major airlines, and expand operations and its business reach.

Led by Irra Ariella Khi, co-founder and CEO, Zamna provides a blockchain-powered data verification platform that verifies and connects passenger data sets between airlines, governments and security agencies, to streamline the airport check-in process.
The technology can be used by any of these parties to validate passengers biographic and biometric data, using cryptographically sound ‘Signals’ to check identity.

FinSMEs

28/10/2019

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