Biometric fraud costs businesses over €50B annually, while outdated authentication systems cause 80% of access control incidents and €500K in annual losses per company. Traditional methods, like face or fingerprint scans, are often inaccurate, biased, or vulnerable to spoofing. Meanwhile, 72% of employees and 60% of consumers prefer biometrics over ID cards or credit cards, revealing strong market demand for a better solution.
Hamsa ID provides a fast, accurate, and touchless authentication system using multimodal palm + vein biometrics. Designed to eliminate fraud, deepfake risks, and access inefficiencies, the system offers sub-second identification with high user satisfaction, especially for secure environments like airports, ports, and smart cities.
Pilots: €2M in agreements with ports and airport partners
Maturity: TRL 7 Deployable prototype
Capital raised: 165K€
Valuation: 8.1M€
Open Round: Yes
Hamsa ID’s edge-based platform combines proprietary biometric sensors, privacy-preserving local storage, and GDPR-compliant software. Data is transformed into anonymous vectors and processed with secure multiparty computation (SMPC), eliminating the need for cloud storage. The plug-and-play hardware and real-time matching allow rapid deployment and remote onboarding with no reliance on third-party services.
Sector: Industry 4.0
Country: Netherlands
Team: 4
