Verofax Verofax is a global trade compliance management solution, powered by digital commodity passports for automated verification.
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Headquartered at Abu Dhabi Global Market (ADGM), Verofax holds the in-country value (ICV) certification, a program initiated by the Abu Dhabi National Oil Company to encourage and incentivize local companies to participate in the oil and gas industry by boosting their contributions to the UAE's economy. It also received a Hub71 subsidy award and is the winner of the EGA Ram-up Awards, C3 Social Impact Accelerator Challenge 2021, and LEAP AI Challenge Award. Verofax has also been supported by leading UAE accelerator programs, such as Mohammed Bin Rashid Innovation Fund, Dubai Multi Commodities Centre, EGA, Beeah Sustainable Challenges, Bedayat SEE Institute, Ma'an Social Incubator, and UAE Carbon Alliance.
- FOUNDED IN: Abu Dhabi
- SECTOR: Sustainability & Environment
"Verofax is a UAE-based and award-winning tech company that helps brands accelerate towards net zero by enabling product sustainability credentials validation, and direct consumer engagement in responsible lifestyles and voluntary carbon offsets."
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