Touch Biometrix new R&D office to accelerate development of fingerprint sensing platform
Touch Biometrix has launched its Research and Development office at the Holst High Tech Campus in Eindhoven. The High Tech Campus Eindhoven hosts more than 185 companies and institutes, and enables over 12,000 researchers, developers and entrepreneurs to accelerate innovation via access to high-tech facilities and international networks.
“This is the perfect fit for Touch Biometrix,” says Touch Biometrix CTO Eric Derckx. “Being based at such a well equipped center of excellence offers access to a myriad of technical expertise and capabilities. This will allow us to fast track the development of our fingerprint sensing platform so allowing a faster route to market.”
“We’re so excited to have our R&D office at Holst,” adds Touch Biometrix CEO Dr. Mike Cowin. “The range of expertise on-site is breath-taking and the working environment is typical of Silicon Valley: This is Europe’s equivalent and its impressive.”
Earlier this year Touch Biometrix received a £2 million investment from Deepbridge Capital. The Series A funding follows initial seed funding of £150,000 last year.
The North Wales-based fingerprint technology company was founded in 2017 with the purpose of developing a new fingerprint authentication platform based on proprietary sensor designs and algorithms. Dr. Cowin has said the company is targeting a sensor price of less than $1 per sensor by the end of 2019.
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biometrics | fingerprint sensors | research and development | Touch Biometrix
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