Fundraising Fox
/Companies
Sign in

Handwave

Riga, LT · 4 known investors

Find your way into Handwave

Sign up to find every way you can get introduced to Handwave

  • Your email: who you already know at Handwave, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Handwave team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Sign up with GoogleAlready have an account? Log in

Handwave builds palm-based biometric payment technology for retailers, enabling identity verification, age checks, loyalty program enrollment, and payment through a single hand scan. Its plug-and-play palm scanning device integrates with point-of-sale and electronic cash register systems and uses palm geometry, vein patterns, and liveness detection for fraud prevention.

AI & Machine LearningCybersecurityDeep TechFintechHardwareRetail Tech

Investors · 4

Inovo VC✓ confirmed by HandwaveWarsaw · $540K – $4.3M

How we know: the company's own site · Inovo VC's portfolio page · retailtechinnovationhub.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Outlast Fund✓ confirmed by HandwaveRiga · $54K – $270K

How we know: the company's own site · retailtechinnovationhub.com · Not right? Tell us

Practica Capital✓ confirmed by HandwaveVilnius · $324K – $3.2M

How we know: the company's own site · retailtechinnovationhub.com · Not right? Tell us

Funding

SEC filings, press & company announcements

$4.2M disclosed across 1 of 2 rounds · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Handwave do?
Handwave builds palm-based biometric payment technology for retailers, enabling identity verification, age checks, loyalty program enrollment, and payment through a single hand scan. Its plug-and-play palm scanning device integrates with point-of-sale and electronic cash register systems and uses palm geometry, vein patterns, and liveness detection for fraud prevention.
Who are Handwave's investors?
Handwave's investors include Firstpick, Inovo VC, Outlast Fund, Practica Capital.
How much funding has Handwave raised?
Handwave has disclosed $4.2M raised across 1 of its 2 known rounds.
Where is Handwave headquartered?
Handwave is headquartered in Riga, LT.