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ICARE Technologies

company

About

ICARE developed a secured contactless identification and payment ring.

  • 11 - 50

Highlights

Total Funding Amount
€3.07M
Funding Rounds
2
Investors
2

Details

Last Funding Type
Seed
Last Funding Money Raised
€2.05M
Industries
Banking,Security,Wireless
Founded date
Apr 16, 2016
Number Of Employee
11 - 50
Operating Status
Active

ICARE has developed a secured contactless identification ring. It integrates certification EMVCo 1 and 2 and EL5+. Ring includes 7-patented security systems such as owner recognition, wave emission control and is fully autonomous. Several PoCs are being prepared with world leading security and banking companies.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
€3.07M
ICARE Technologies has raised a total of €3.07M in funding over 2 rounds. Their latest funding was raised on Nov 27, 2020 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 27, 2020 Series A €1.01M 1 ASTERYOS — Detail
Jul 24, 2018 Seed €2.05M 1 Delegation of the European Union to Albania — Detail

Investors

Number of Lead Investors
Number of Investors
2
2
ICARE Technologies is funded by 2 investors. ASTERYOS and Delegation of the European Union to Albania are the most recent investors.
Investor Name Lead Investor Funding Round
ASTERYOS Yes Series A
Delegation of the European Union to Albania Yes Seed
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