investment funding

Biometric Voting: Voatz Raises $7 Million

Biometric Voting: Voatz Raises $7 Million

Mobile biometric voting startup Voatz has received $7 million in series-A funding from a group led by Medici Ventures and Techstars, with additional contributions from the Urban Innovation Fund and Oakhouse Partners. The money will be used to make Voatz more accessible, and to upgrade its security as it trials the platform in more jurisdictions.…

FinTech Messaging App with Onfido Security Stokes Investor Interest

FinTech Messaging App with Onfido Security Stokes Investor Interest

A UK FinTech startup is celebrating a big new funding round: Manchester-based Nivo brought in £2 million from GP Bullhound, the Angel CoFund, and EG Solutions CEO Elizabeth Gooch, and other investors. The startup only just launched in late 2018 as a spinoff from Barclays Bank, and specializes in secure instant messaging for financial services…

ImageWare Closes Direct Offering with $6.125M in Net Proceeds

ImageWare Closes Direct Offering with $6.125M in Net Proceeds

“As previously announced, the company will use these proceeds ‘for general corporate purposes,’ according to a press release.” ImageWare has closed the direct offering announced earlier this week, bringing in even more capital than expected. Originally, ImageWare had announced that it received subscriptions from institutional investors for 4,545,455 shares of its common stock at $1.10…

AI Hiring Startup Receives $1.7 Million from Investors

AI Hiring Startup Receives $1.7 Million from Investors

The hiring startup VCV.AI has landed $1.7 million in funding to continue to develop its face and voice recognition technology. The company’s AI solution is designed to automate the hiring process, drastically reducing the amount of time it takes to screen potential candidates. “Technology has transformed so many industries and workflows, yet far too often,…

Touch Biometrix Gets £2M in VC Funding for Development of Fingerprint Biometrics Tech

Touch Biometrix Gets £2M in VC Funding for Development of Fingerprint Biometrics Tech

Wales-based fingerprint biometrics startup Touch Biometrix has received £2 million in funding from UK-based Deepbridge Capital, a VC firm focused on the technology, life sciences, and renewable energy sectors. In announcing the investment, Touch Biometrix indicated that it follows seed funding of £150,000 provided last year. The company says it will help to fuel the…

Onfido Doubles VC Funding in Latest Round

Onfido Doubles VC Funding in Latest Round

“With this new funding, we can protect more businesses, in more countries—and in more ways—from the effects of fraud,” – Husayn Kassai, CEO, Onfido Onfido has raised $50 million in its latest round of investor funding, led by SBI Investment and Salesforce Ventures. Other contributors to the round included M12 (formerly Microsoft Ventures), FinVC, and…

B-Secur Receives £4M Investment to Expand its HeartKey Operations

B-Secur Receives £4M Investment to Expand its HeartKey Operations

B-Secur has received £4M in additional funding from a group of UK and Irish investors that includes Accelerated Digital Ventures (ADV) and Kernel Capital, both of which supported B-Secur’s previous funding round in 2017. The cardiac biometric company hopes to use the money to expand its business and secure new partnerships to capitalize on the success of…

AlwaysAI Brings in $4M in Series-A Round

AlwaysAI Brings in $4M in Series-A Round

“The platform’s tools will allow for the development of computer vision systems that can detect, classify, count, and track objects, and that can perform facial recognition.” San Diego-based computer vision startup AlwaysAI has brought in $4 million in funding through a series-A investment round, the company has announced. The round was led by BRV, a…