# Biofire Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biofire-technologies

- Industry: Defence
- Headquarters: Broomfield, US
- Website: www.biofire.io
- Total disclosed funding: $21M
- Latest round: Series A (Feb 6, 2024)
- Investors on record: 13

## About

Based in Colorado, US, and founded in 2016 by its CEO Kai Kloepfer, Biofire Technologies Inc. develops smart gun biometric technology with a locking mechanism and a fingerprint sensor designed for the handgun. In May 2022, Biofire Technologies Inc. raised USD 17 million in seed funding from the company’s management, with participation from individual investors and other unspecified investors. As of June 2022, the company has a team of 40 people.

Biofire Technologies Inc. is a developer of a smart gun advanced biometric technology that has an intelligent locking mechanism with a fingerprint sensor designed right into the handgun, enabling gun owners to secure their firearms from unwanted users and allowing access when needed.

The company will use the seed funding in launching a private beta program.

## Funding rounds

- Series A, Feb 6, 2024, $7M — Founders Fund, CAZ Investments, Liquid 2 Ventures, K2 Global, Gaingels, Break Trail Ventures, Serafund, Valhalla Ventures
- Series A, Nov 7, 2022, $14M — Founders Fund, Structure Capital, Draper, Service Provider Capital, Gaingels, Gavin de Becker & Associates, LP, 10X Capital

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Structure Capital (https://capitalatlas.ai/funds/structure-capital) — Series A
- Draper (https://capitalatlas.ai/funds/draper) — Series A
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Gavin de Becker & Associates, LP — Series A
- 10X Capital (https://capitalatlas.ai/funds/10x-capital) — Series A
- CAZ Investments — Series A
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Series A
- K2 Global (https://capitalatlas.ai/funds/k2-global) — Series A
- Break Trail Ventures (https://capitalatlas.ai/funds/break-trail-ventures) — Series A
- Serafund (https://capitalatlas.ai/funds/serafund) — Series A
- Valhalla Ventures (https://capitalatlas.ai/funds/valhalla-ventures) — Series A