Munich’s IDnow increases funding to $12M+ to create global solutions for secure digital identification

Munich-based startup IDnow recently entered into a partnership with G+D Mobile Security to combine expertise and resources with the aim to develop AI-driven biometric and security technologies. The collaboration also sees G+D Ventures taking a minority stake in IDnow as part of a multi-million Euro investment to enable the acceleration of research and development and international expansion. This recent investment increases the financing of IDnow to over $12 million. A first result of this collaboration is the development of a fully automatic remote identification solution for international markets.

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The Identity Verification Platform for the Now Economy giving more than 7 billion people access to your digital services with a single identity platform that is compliant throughout Europe and beyond.

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