German biometrics company JENETRIC GmbH closes second financing round

Investors in JENETRIC GmbH have closed a sec­ond round of financ­ing. “The whole team impressed us with their deter­mi­na­tion, per­for­mance and ambi­tious plans for the future. We look for­ward to sup­port­ing their fur­ther devel­op­ment,” said Karin Rabe, Invest­ment Man­ager at bm|t, the invest­ment com­pany of the Free State of Thuringia. Jenetric’s busi­ness angel Prof. Dr. Franz Schmidt and the early-stage invest­ment com­pany High-Tech Grün­der­fonds (HTGF) will remain finan­cially engaged and thus enable the pro­duc­tion and global dis­tri­b­u­tion of the LIVETOUCH® quat­tro fin­ger­print scan­ner. Dr. Ans­gar Kirch­heim, Invest­ment Man­ager at HTGF, said, “With the suc­cess­ful FBI cer­ti­fi­ca­tion and the start of pro­duc­tion, we are pleased to sup­port the large-scale mar­ket entry of JENETRIC.”

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

About JENETRIC

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 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 the ambi­tious goal of improv­ing liv­ing and work­ing con­di­tions via bio­met­ric systems.

Contact:

JENETRIC GmbH
Moritz-von-Rohr-Straße 1a
Roberto Wolfer, CEO
Tel.: +49 (0) 36 41–32199 50
Fax: +49 (0) 36 41–32199 51
Email: