# Touch Biometrix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/touch-biometrix

- Industry: Consumer Products
- Headquarters: St Asaph, UK
- Website: www.touchbiometrix.com
- Total disclosed funding: $2.8M
- Latest round: Series A (Apr 5, 2019)
- Investors on record: 1

## About

Touch Biometrix Ltd specializes in innovative fingerprint sensing technologies, providing a proprietary platform with ultra-thin capacitive sensors for integration into consumer and industrial products.Touch Biometrix Ltd, founded in 2017, operates out of St Asaph, UK, focusing on biometric technology solutions. The company has undergone a robust development phase, securing GBP 2.00 mn in Series A funding from Deepbridge Capital in April 2019, which has supported their growth. Touch Biometrix's core leadership is held by CEO Michael Cowin, who has extensive experience in technology ventures.Touch Biometrix specializes in advanced fingerprint sensing technologies, offering a proprietary platform that includes ultra-thin capacitive fingerprint sensors designed for seamless integration into consumer and industrial products. Their core product, the TCAP60 sensor, operates efficiently on various surfaces such as glass and plastic, catering to applications in smart devices, mobile technology, and biometric cards. This technology enhances user authentication and is utilized in personal identification for mobile devices, as well as enterprise ID solutions for clients across North America, Europe, and Asia.Touch Biometrix generates revenue through strategic partnerships and B2B transactions, focusing on direct sales and collaborations with original equipment manufacturers (OEMs). Their revenue model is based on supply agreements for flagship products like the TCAP60 sensor, sold to technology firms and device manufacturers aiming to incorporate biometric features into their products. These transactions are structured as long-term contracts, ensuring a consistent revenue pipeline as their technology integrates into new product lines, tailored to meet client needs.Touch Biometrix plans to leverage the recent Series A funding of GBP 2.00 mn to enhance their product offerings and expand into new markets. The funding will support the development and launch of upcoming products designed for broader applications in biometric technology. The company is targeting expansion into regions across Europe and Asia by 2025, aiming to increase its global footprint and client base. This strategic approach is intended to capitalize on the growing demand for biometric solutions in consumer electronics and enterprise applications.

## Funding rounds

- Series A, Apr 5, 2019, $2.6M — Deepbridge Capital
- Seed, Apr 5, 2018, $0.2M — Deepbridge Capital

## Investors

- Deepbridge Capital (https://capitalatlas.ai/funds/deepbridge-capital) — Seed, Series A