Touch Biometrix raises seed funding from Deepbridge Capital
Deepbridge Capital backs Touch Biometrix in a seed round utilising the Seed Enterprise Investment Scheme.
Share allotment filed at Companies House
Touch Biometrix develops fingerprint sensors for consumer electronics using proprietary designs and algorithms. The company was founded in 2017 and is based in the UK.
Touch Biometrix has secured a seed investment from Deepbridge Capital to support the development of its fingerprint sensor technology. The company intends to use the capital to build a minimum viable product alongside supply chain partners.
Based in the UK, Touch Biometrix creates scalable fingerprint sensors designed for integration into smartphones, laptops, and smart objects. The business utilises proprietary manufacturing methods intended to reduce sensor costs.
Investor perspective
"We are delighted to be working in partnership with Touch Biometrix at what is an exciting time for the biometric industry. We understand there is an increasing need for secure user authentication technology and we believe Touch Biometrix has the capability to move quickly in this market, with this funding we have provided utilising the Seed Enterprise Investment Scheme being the initial catalyst. We look forward to working with the Touch Biometrix team as the company grows."
Ian Warwick
Managing Partner, Deepbridge
Use of funds
- 01Continue product development
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About the company
Touch Biometrix
Touch Biometrix develops flexible fingerprint sensors for consumer electronics.