Fundraising Fox

Handwave

Riga, LT · 4 known investors

Find your way into Handwave

Handwave develops hand palm biometric identification technology for secure personal identification. The company is based in Latvia and has received multiple EU grants to develop optical imaging modules and thermal regulation systems for its biometric device.

AI & Machine LearningCybersecurityDeep TechFintechHardwareRetail Tech

Investors · 4

Inovo VC✓ verifiedWarsaw · $540K – $4.3M
Firstpick✓ verifiedVilnius · $110K – $550K
Outlast Fund✓ verifiedRiga · $54K – $270K
Practica Capital✓ verifiedVilnius · $324K – $3.2M

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.

In the news

Top 5 Companies Likely to Transact (August 3, 2026)dakota.com · Aug 2026Including Jump, Handwave and Xpand: five retail technology funding rounds you need to know about — Retail Technology Innovation Hubretailtechinnovationhub.com · Aug 2025Latvian fintech startup Handwave raises $4.2 million for palm paymentsfinextra.com · Aug 2025Latvia's Handwave Secures $4.2M to Expand Palm-Based Payment Platform - Fintech in Balticfintechbaltic.com · Aug 2025Handwave Raises $4.2M in Seed Fundingfinsmes.com · Aug 2025Latvian startup Handwave raises €3.6 million to make payment and identification as easy as a wave of your hand | EU-Startupseu-startups.com · Aug 2025Handwave – Raise your next round in 60 seconds for AI startupshandwave.ai · Aug 2023

Frequently asked questions

What does Handwave do?
Handwave develops hand palm biometric identification technology for secure personal identification. The company is based in Latvia and has received multiple EU grants to develop optical imaging modules and thermal regulation systems for its biometric device.
Who are Handwave's investors?
Handwave's investors include Inovo VC, Firstpick, 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.