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Latvian fintech startup Handwave has raised $4.2 million in seed funding to develop and launch palm-based payment technology for retail markets in Europe and the United States. Positioned as a European alternative to Amazon's palm payment system, Handwave aims to provide retailers with biometric payment solutions that streamline transactions. The funding round highlights growing interest in biometric and contactless payment technologies within the retail sector. Separately, other startups in the Nordic and Baltic regions have also secured funding to advance clean energy and health technology innovations, including Finland’s Geyser Batteries and CeLLife Technologies, as well as Lithuania’s BrachyDOSE.
Lithuanian BrachyDOSE raises seed funding to accelerate CE/MDR certification for its radiotherapy solution https://t.co/idMzKwQZIG via @ArcticStartup @EstBAN_org @BSV_Ventures @CoinvestVC @seperiene #balticmade #Lithuania #funding #healthTech #IoT #startups #SaaS #Trending https://t.co/crmF880RAS
Finnish CeLLife Technologies secures top spot and new funding to scale smart battery tech https://t.co/GLzFHT142O via @ArcticStartup #nordicmade #Finland #funding #competitions #startups #Mobility #energytech #Cleantech #Trending https://t.co/ba1k90V5xz
Latvia’s Handwave secures $4.2M seed to bring palm-based payments to retail https://t.co/H8hhqBOMSD via @ArcticStartup @PracticaCapital #balticmade #Latvia #fintech #funding #retailtech #SaaS #Trending https://t.co/jUWph7NdSO
