The GERMAN biometrics company JENETRIC GmbH enjoys confidence of its investors

Second round of financing secured after successful product launch

The GERMAN biometrics company JENETRIC GmbH enjoys confidence of its investors

Jena

The investors of JENETRIC GmbH enter a second round of financing. "The whole team impressed us with their determination, with their performance and with their ambitious plans for the future. We are looking forward to accompanying the further development," says Karin Rabe, Investment Manager of bm|t, the holding company of the Free State of Thuringia. Also the Business Angel Prof. Dr. Franz Schmidt and the early-stage investor "High-Tech Gründerfonds (HTGF)" stay financially engaged and thus enable the production and global distribution of LIVETOUCH® quattro. Dr. Ansgar Kirchheim, Investment Manager at HTGF: "After the successful FBI certification and the start of production, we are pleased to support the large-scale market entry of JENETRIC ."

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Formularende

In September JENETRIC very successfully introduced the world smallest ID-Flats scanner internationally. Its transparent image sensor based on optical TFT technology combines the fingerprint capture area with the user display for instructions and real-time feedback. The investment funds of the second round of financing will be furthermore used to expand the LIVETOUCH product family to collect additional biometric features.

JENETRIC GmbH was founded in 2014 in Jena, Germany - a location famous for cutting-edge optical technology - by engineers with significant experience in fingerprint technology and special focus on the development of biometric systems. The multidisciplinary team includes hardware and software specialists as well as production and sales professionals. The company follows a holistic approach in its product development with a clear and strong focus on customer requirements and with the ambitious goal of enhancing living and working conditions by using biometric systems.