Handwave secures $4.2M in Seed funding to launch its palm-based payment platform across Europe and the US.
Amount Raised
$4.2 Million
Round Type
Seed
RigaSoftwareSecurityDescription
Latvian biometric startup Handwave has raised $4.2 million in Seed funding to launch its innovative palm-based payment and identity platform. This solution allows users to make secure payments and verify their identity with a simple palm scan. Handwave aims to replace traditional payment methods with a contactless, efficient alternative that preserves user privacy. Co-founder Jānis Stirna emphasized the convenience and security offered by their technology.
Quick answer
Handwave raised $4.2 Million in a Seed round, dated August 1, 2025. Handwave is based in Riga, Vidzeme, Latvia.
- How much did Handwave raise?
- Handwave raised $4.2 Million in a Seed round on August 1, 2025.
- What does Handwave do?
- Handwave is a Latvian biometric startup that has developed a palm-based payment and identity platform.
- Where is Handwave based and how big is it?
- Handwave is based in Riga, Vidzeme, Latvia. Fundz records about 13 employees.
- Who are the decision-makers at Handwave?
- Fundz holds 1 contact at Handwave. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Software around the same time
Companies in the same sectors as Handwave that raised within 45 days of this round, from Fundz verified event records.
- Kustom Entertainment raised $750K (Seed) on September 15, 2025.
- FireCompass raised $20M (Funding Round) on September 8, 2025.
- Ivani raised an undisclosed amount (Funding Round) on September 8, 2025.
- Tidal Cyber raised $10M (Series A) on September 3, 2025.
- SKYX Platforms raised $6M on September 2, 2025.
- SKYX Platforms raised $153K on August 15, 2025.
Who to call at Handwave, and when
A new round usually means Handwave is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Handwave raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Handwave, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Handwave. With Fundz connected, it knows.
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Fundz sees it the moment Handwave raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Handwave raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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