Fundraising Fox

Handwave

4 known investors

Handwave provides palm-based biometric payment technology for retailers, using palm geometry, vein patterns, and liveness detection to verify identity, process payments, handle age-restricted purchases, and integrate loyalty programs. Its device connects to existing POS or electronic cash register systems.

FintechHardwareRetail Tech

Investors · 4

Inovo VCWarsaw · $540K – $4.3M
FirstpickreportedVilnius · $110K – $550K
Outlast FundreportedRiga · $54K – $270K
Practica CapitalreportedVilnius · $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 2025

Frequently asked questions

What does Handwave do?
Handwave provides palm-based biometric payment technology for retailers, using palm geometry, vein patterns, and liveness detection to verify identity, process payments, handle age-restricted purchases, and integrate loyalty programs. Its device connects to existing POS or electronic cash register systems.
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.