B-Secur secures £4m from Accelerated Digital Ventures and Bank of Ireland to scale ECG authentication tech.
Accelerated Digital Ventures and The Bank of Ireland Kernel Capital Growth Fund participated in the latest funding round.
B-Secur develops advanced ECG and EKG technology for consumer and medical devices. Its flagship HeartKey algorithms provide medical-grade monitoring capabilities for wearable technology.
Belfast based ECG biometric authentication company B-Secur has secured £4m in funding. The investment was backed by Accelerated Digital Ventures, The Bank of Ireland Kernel Capital Growth Fund (NI), and an existing private investor.
The company has developed Heartkey, a technology that uses individual heartbeat patterns for personal identification and physiological monitoring. B-Secur is currently partnering with global automotive, wearable, and semiconductor manufacturers to embed the software into everyday devices.
This capital injection follows recent rapid development and aims to support the firm as it scales its technology globally.
From the founder
"Securing further investment at this critical stage recognises our rapid development over the past 18 months and the market relevance of B-Secur’s technology. Most importantly, it’s a strong indicator of B-Secur’s growth potential globally."
Alan Foreman
CEO at B-Secur
Investor perspective
"Since our first investment in B-Secur we have been impressed by the drive and determination of the management team and their highly skilled technical experts who have worked hard to elevate this technology and to pair it with partners and applications which we strongly believe will change how we live and work. They are at an exciting stage and we are very proud to support them in taking their vision forward on a global scale."
Jayne Brady
Partner, Kernel Capital
Investors
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About the company
B-Secur
B-Secur develops ECG technology and algorithms for consumer and medical devices.