Jenetric Raises Third Funding Round

Jenetric-Logo-HD-SublineJenetric, a Jena, Germany-based biometrics tech company, raised a third funding round of undisclosed amount.

Backers included bm|t, the investment company of the Free State of Thuringia, High-Tech Gründerfonds, and new angel Franz Schmidt.

The company intends to use the funds to scale-up production and expand US sales.

Founded in 2014 and led by CEO Roberto Wolfer, Jenetric specializes in the development on biometric systems. The company already has two fingerprint scanners on the market: the LIVETOUCH® quattro with integrated user guidance and the compact module LIVETOUCH quattro Compact for the integration into portable enrolment kits.



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