We’re delighted to announce our latest investment, into B-Secur, a Belfast-based ECG biometric authentication business.
B-Secur has developed a patented biometric technology that uses an individual’s unique heartbeat pattern, known as an electrocardiogram (ECG), to quickly and securely authenticate identity. The startup has raised investment from a syndicate of UK and Irish investors including ADV and Kernel Capital.
In a world of increasing threat to our digital identities, organisations must safeguard their customer and employees’ data and services, but also their citizens, borders and public and healthcare services. Cybersecurity is a global challenge, and B-Secur’s technology offers a truly global solution.
This technology marks the next generation in biometrics, moving beyond first generation modalities of fingerprint, iris or voice. As an internal biometric, ECG authentication can minimise hacking or spoofing risks for greater security and convenience.
B-Secur is currently working in the UK, Ireland and US to respond to customers across many sectors including automotive, financial services, access control, smart cities and buildings, with the semiconductor industry at the core of its technology development process.
B-Secur CEO Alan Foreman said: “This announcement underscores the growing demand from organisations to provide better security to their customers in this digital world, amid an escalation in high-profile cyber attacks. I believe that our ECG authentication technology is crucial to supporting this global challenge.
“We are thrilled to gain the backing of ADV, Kernel and others. This will help us to grow significantly in the next 12 months and continue to invest in world-class science and engineering in the UK and beyond, and we are proud to have the opportunity to build a truly global business solving a serious problem that each of us faces every day.”
Michael Dimelow, Head of Investment for ADV said: “In a world where security and personal identity are central to accessing a range of online digital services, B-Secur’s technology harnesses the unique power of the human heartbeat to unlock everything from finance to healthcare, from cars to buildings. ADV is excited to be supporting B-Secur as they deploy their market-leading patented software across all forms of devices including mobile and wearables.”
Any company wishing to raise investment from ADV must begin the process by completing two short forms on our website.