Fresh money for baimos' BlueID: The existing investors include HCS Beteiligungsgesellschaft, Berendsen Holding, High-Tech Gründerfonds (HTGF) The Swiss insurance experts from Helvetia Venture are joining forces with Bayern Kapital and are investing in the Munich-based startup. Its technology transforms smartphones into keys for real estate, vehicles, parcel boxes, and even machines.
With the new financial injection, the company wants to accelerate its expansion “into additional geographical markets and promote and accelerate the development of new digital products”.
Unrestricted trust as a goal
Founder Philipp Spangenberg says:
"A central element of BlueID is to ensure complete trust between all possible machines and participants in the Internet of Things. We are therefore delighted that one of Switzerland's leading insurance companies is investing in us, as Switzerland and the insurance industry enjoy a high level of trust and are synonymous with reliability and security."
Already at the beginning of this year baimos technologies had raised a seven-figure sum, to BlueID to continue to push forward. So we're making rapid progress.
